Our son-in-law is purchasing a house that has just been built in Countesthorpe with a mortgage from Virgin Money. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?

The form 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 Virgin Money conveyancing panel as a standard part of the process, and to the valuer when requested. 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.

In scouring online forums for an online lawyer in Countesthorpe, many comment that I must instruct a CQS assured lawyer. What is CQS?

Countesthorpe Conveyancing Quality Scheme practices have obtained accreditation by the law Society CQS was created to promote high standards in the in the legal transfer of properties. CQS enables home movers to identify solicitor firms that provide a quality residential conveyancing. Countesthorpe is one of the many areas in England and Wales in which accredited firms are based. The conveyancing scheme obliges law firms to undergo a strict assessment, compulsory training, self-reporting, random audits and yearly assessments in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Legal Ombudsman.

I note that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a house in Countesthorpe? or I am told that there is historic law that means some house owners residing in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this a legitimate concern for conveyancing in Countesthorpe?

Unless a previous acquisition of the house took place post 12 October 2013 you can assume that conveyancing practitioners delivering conveyancing in Countesthorpe to continue to propose a a chancel search and or insurance against a claim.

I am buying a new build flat in Countesthorpe. Conveyancing is daunting 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 conveyancing.

Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Countesthorpe

Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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.

Due to complete next month on a basement flat in Countesthorpe. Conveyancing lawyers inform me that they will have a report out to me within the next couple of days. What should I be looking out for?

The report on title for your leasehold conveyancing in Countesthorpe should include some of the following:

Details of the parties to the lease, for instance these could be the tennant, head lessor, landlord It needs to be made clear to you whether the lease permits you to alter or improve anything in the premises- you must know whether it applies to all alterations or just structural alteration, and whether consent is required Repair and maintenance of the flat Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Do you need to have carpet in the flat or are you allowed wood flooring?

Leasehold Conveyancing in Countesthorpe - Sample of Questions you should ask Prior to buying

How much is the ground rent and service charge? The majority of Countesthorpe leasehold properties will be liable to pay a service bill for the upkeep of the block levied on behalf of the freeholder. If you purchase the flat you will have to pay this amount, usually periodically during the year. This could be anything from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all likelihood there will be a ground rent to be met yearly, normally this is not a large sum, say around £50-£100 but you need to check it because on occasion it could be prohibitively expensive. Best to be warned if a new roof is being put on or some other major work is due in the foreseeable future to be shared between the tenants and will dramatically impact the level of the maintenance costs or require a specific payment.