Our son is about to exchange on a newly built flat in Kegworth with a mortgage from Lloyds. His lawyer has advised him of a delay in completing 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor 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 Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Do I have to pop into the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Kegworth so that I can pop in to their offices if required.

Nowadays conveyancing panel lawyers for banks conduct the vast majority of work via the post, e-mail or over phone calls. This means that they can undertake the legal work for your home move no matter where you live in the country. That being said you should see if you have the option of visiting the offices of your conveyancing lawyer if you prefer.

About to purchase a new build apartment in Kegworth. 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 selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Kegworth

Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

Given that I will soon spend over three hundred thousand on a terraced house in Kegworth I would like to talk to a lawyer regarding thetransaction before instructing the firm. Can this be arranged?

This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the conveyancer who will be conducting your property ownership legalities in Kegworth.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The law firms that we put you in touch with believe that the figure you are quoted for your conveyancing in Kegworth should be the figure that you are charged.

Having had my offer accepted I require leasehold conveyancing in Kegworth. Before diving in I require certainty as to the remaining lease term.

If the lease is registered - and most are in Kegworth - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I am the registered owner of a ground floor flat in Kegworth, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Kegworth with an extended lease are worth £171,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2104

With just 79 years left to run we estimate the price of your lease extension to be between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.