Our nephew is buying a newly built flat in Wadebridge with a home loan from Virgin Money. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?

The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Virgin Money conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Virgin Money conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

We are purchasing a apartment in Wadebridge. It might be a silly question but how we can trust a conveyancer? On the day of competition we will need to send funds into their account. What protection do we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I am the sole beneficiary of my late mum's will with all property in now in my sole name, including the house in Wadebridge. Conveyancing formalities meant that the Land Registry date was in December. I plan to dispose of the property. I do know about the CML 6 month 'rule', which means that my property ownership will be regarded the same way as if I'd bought the property in December. Do I have to wait 6 months to sell?

The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. many mortgage companies would take a practical view as this requirement is chiefly there to pick up on the purchase and immediately sell or the wholesaling and assigning of properties.

We previously instructed conveyancing lawyers located in Wadebridge on the Aldermore solicitor panel. They are now charging me a supplemental sum for handling the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?

As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner may charge a fee for this. This charge is not set by Aldermore but by your Wadebridge property lawyer. Numerous firms on the Aldermore panel will levy ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.

I have todaybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Wadebridge for a purchase of a freehold house 12 months ago. How can I establish that my home is in my name in the name of the former proprietor?

The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wadebridge conveyancing specialists.

Can you offer any advice when it comes to appointing a Wadebridge conveyancing firm to carry out our lease extension conveyancing?

When appointing a solicitor for lease extension works (regardless if they are a Wadebridge conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non Wadebridge conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:

What volume of lease extensions have they carried out in Wadebridge in the last 12 months? How experienced is the firm with lease extension legislation?

Wadebridge Leasehold Conveyancing - Sample of Questions you should consider before buying

The answer will be helpful as a) areas can cause problems in the building as the common areas may begin to deteriorate where services are not paid for b) if the tenants have a dispute with the managing agents you will need to know about it How long is the Lease? Is there a share of the freehold?

Whilst your website is a good idea there are many lawyers listed near Wadebridge being on the mortgage company conveyancing panel. Can you recommend a specific firm on the mortgage company approved panel?

We do not recommend specific Wadebridge firms as the right Wadebridge conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Wadebridge knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..