My son is purchasing a newly built flat in Stony Stratford with a mortgage from UBS. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?

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 UBS 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 UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

At what point does exchange of contracts happen for purchase conveyancing in Stony Stratford and am I required to attend the conveyancers office?

If you are round the corner to our conveyancing solicitors in Stony Stratford you are invited in to sign contracts. That being said, the firms we recommend offer countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when communicating with you electronically. The signing of the sale agreement is not when everything is set in stone. Signing on the dotted line simply enables the firm to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stony Stratford)to be in the office at the appropriate time.

I am 17 days into a residential purchase having been directed to conveyancers by the estate agent to handle our conveyancing in Stony Stratford. I am am extremely disappointed with the quality of service. Can you you assist me in finding new solicitors?

A conveyancer would have to be really poor in order to consider changing them. Has your mortgage been sent? If so you need to advise them of the replacement conveyancer and ensure the mortgage documents are re-issued. The conveyancer needs to be on the mortgage company approved list to avoid escalating fees and frustration. That should be your first question of the new conveyancers. Our find a solicitor tool should assist you in finding a bank approved conveyancer for your conveyancing in Stony Stratford

I have just appointed agents to market my ground floor flat in Stony Stratford. Conveyancing solicitors are to be appointed soon, however I have recently received a half-yearly maintenance charge demand – Do I pay up?

It best that you clear the invoice as usual given that all ground rent and service invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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. Having a clear account will assist your cause and will leave you no worse off financially.

Leasehold Conveyancing in Stony Stratford - Examples of Questions you should consider before buying

Does the lease have more than 80 years unexpired? What is the yearly maintenance fee and ground rent?

We are looking to buy a repossessed property in Stony Stratford and the vendor would like to complete within a week. Do solicitors complete in this timeframe? Would it be better to select a high street Stony Stratford firm or an online firm that professes to offer speedy conveyancing?

Attend your Stony Stratford high street. Pop in to 3 firms and ask to talk to a conveyancing solicitor for an estimate. Explain your needs and seek a commitment on time frames. Appoint the firm that appears most trustworthy. Make sure to use a conveyancing practitioner on the list of conveyancing practitioners who can act for your bank.