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

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 Virgin Money 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 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.

My relative recommended that where I am buying in Longton I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is sometimes included in the estimate for your Longton conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Longton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Longton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data regarding Longton.

I am looking into buying my first house which is in Longton and I am already nervous. I couldn't find anything specific about Longton. Conveyancing will be needed in due course but do you know about the Longton area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Longton. In the meantime here are some basic statistics that we found

Do you have any top tips for leasehold conveyancing in Longton from the perspective of expediting the sale process?

• A significant proportion of the delay in leasehold conveyancing in Longton can be bypassed where you get in touch lawyers the minute you market your property and ask them to put together the leasehold documentation needed by the buyers’ solicitors.
The majority of landlords or managing agents in Longton charge for providing management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management information can be applied for as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common cause of delay in leasehold conveyancing in Longton. You believe that you know the number of years remaining on your lease but it would be wise to verify this via your lawyers. A buyer’s lawyer will not be happy to advise their client to to exchange contracts if the lease term is under 75 years. It is therefore important at an as soon as possible that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If you have carried out any alterations to the property would they have required Landlord’s consent? In particular have you laid down wooden flooring? Longton leases often stipulate that internal structural changes or laying down wooden flooring necessitate a licence issued by the Landlord approving such works. Where you dont have the approvals to hand you should not contact the landlord without contacting your lawyer in advance.

I bought a leasehold flat in Longton, conveyancing was carried out in 2000. How much will my lease extension cost? Comparable properties in Longton with over 90 years remaining are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease finishes on 21st October 2098

With just 72 years remaining on your lease we estimate the price of your lease extension to be between £9,500 and £11,000 as well as legals.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.

I am purchasing a garden apartment in Longton. Conveyancing lawyer is awaiting, from the vendor, building insurance schedule. This afternoon I was advised that the seller must forward the insurance paperwork for the flat above also. Why would my solicitor need to review the insurance for the other flat? Is it really necessary? We have been waiting for the last 3 weeks…

It is not impossible in leasehold conveyancing in Longton to discover Conveyancing in Longton in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats rather than the freeholder insuring the entire block - which is clearly preferable. Do double check with your lawyer but it would appear that your conveyancer is seeking to verify that the whole building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed as a result of lack of insurance.