Our grandson is about to exchange on a newly built flat in Bewdley with a mortgage from Principality. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Principality conveyancing panel as a standard part of the process, and to the valuer 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 Principality conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Will conveyancers request money up-front for conveyancing in Bewdley?
Where you are retaining lawyers for conveyancing in Bewdley your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the purchase price then this should be asked for shortly in advance of contracts are exchanged. The closing balance that is needed should be sent to your lawyer shortly before completion.
I am buying a new build apartment in Bewdley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Bewdley
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
How do I use your search app to get a fee calculation from a conveyancing lawyer in Bewdley on the authorised to act for my bank?
First select a mortgage company such as HSBC Bank, Coventry Building Society or Britannia then choose your location for example Bewdley. Conveyancing firms in Bewdley and across England and Wales should be shown.
I recently become aware that one of the partners of the law firm undertaking the purchase conveyancing in Bewdley is an uncle of the seller. Is this acceptable?
As long as there is no conflict of interest this should be fine. Where you are needing a mortgage then the lender may have a say as many mortgage companies have specific instructions on this. For example for RBS - Direct Line as of 6/2/2026, the requirements read as follows :