Our nephew is buying a newly built flat in South Hylton with a mortgage from Principality. His conveyancer has said that there is 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 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.

4 months have gone by since my purchase conveyancing in South Hylton completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Over the last few months I have been searching for a leasehold apartment up to £305k and found one near me in South Hylton I like with open areas and railway links nearby, however it only has 52 years on the lease. There is not much else in South Hylton in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you require a home loan the remaining unexpired lease term will be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.

I need to find a conveyancing solicitor for residential conveyancing in South Hylton. I've chance upon a site which looks to be the ideal solution If there is a chance to get all formalities completed via web that would be preferable. Should I be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Is it true that a South Hylton conveyancing solicitor taken to court by clients for not carrying out the right conveyancing searches?

We are not aware of such a South Hylton conveyancing matter but according to a recent report, a couple buying a home in Cumbria successfully sued their conveyancer as a consequence of development plans to build a wind farm failing to be identified in conveyancing searches.

Where you are contemplating buying a home in South Hylton It is essential that your conveyancer carry out all South Hylton conveyancing searches required to ensure you have accurate and up to date information before buying a property.