My nephew is about to exchange on a newly built flat in Wanstead with a home loan from Bank of Ireland. His solicitor has said that there is 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 document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Bank of Ireland 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 Bank of Ireland conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Have completed on a a detached house in Wanstead , What is the estimated time for the Land Registry to record my title? My Wanstead conveyancing solicitor works at snail pace, so I want to check that my ownership is registered.

There is nothing unique about conveyancing in Wanstead registration formalities. As opposed to being determined by geographic area, timeframes can adjust subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any third persons or bodies. As of today roughly 80% of submission are fully addressed in less than three weeks but some can be subject to longer hold-ups. Registration is effected after the buyer is living at the property therefore an expedited registration is not typically top priority but if it is urgent that the the registration takes place urgently then you or your conveyancer can speak with the land registry and explain the circumstances.

My husband and I are 3 weeks into a freehold purchase having been referred to a firm by the high street agent to carry out the conveyancing in Wanstead. I am not happy. Can you help me find new solicitors?

A lawyer would have to be really poor to suggest replacing them. Has your loan offer been issued? If so you will need to make them aware of the new contact details and have the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the mortgage company approved list to avoid escalating charges and complications. That should be your starting point. The search tool should assist you in finding a lender approved lawyer for your home move in Wanstead

I’m about to sell my basement flat in Wanstead. Conveyancing has not commenced, but I have just received a half-yearly service charge invoice – what should I do?

It best that you clear the maintenance contribution as you normally would as all ground rent and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Following months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Wanstead. Can we issue an application to the Residential Property Tribunal Service?

Most definitely. We are happy to put you in touch with a Wanstead conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Wanstead residence is 36 New Wanstead in August 2010. The Tribunal arrived at a valuation of the premium for the freehold of £22,359. This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 73.92 years.

What are the distinct advantages to selecting a high street conveyancing practitioner in Wanstead

Home movers in Wanstead select a local conveyancer so that they can pop into the lawyer’s offices if they have concerns, and to sign mortgage deeds without using the Royal Mail.

There is a slight advantage in using a solicitor local to a premises you are purchasing, due to the in-depth knowledge of the locality and possible local concerns - yet this is debatable. Most conveyancers are now online and could be any place in the world.