My nephew is in the process of securing a newly built flat in Okehampton with a mortgage from Coventry BS. His conveyancer has said that there is a delay in receiving 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 purchase. Therefore, it will be provided to your son’s lawyer who should be on the Coventry BS conveyancing panel as a standard part of the process, and to the surveyor 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 Coventry BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Why do I have to pay up front for my conveyancing in Okehampton?
Where you are retaining lawyers for conveyancing in Okehampton your solicitor will ask you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the sale price then this should be asked for immediately ahead of contracts are exchanged. Any further balance that is due should be transferred a couple of days prior to the completion date.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Okehampton. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 26/7/2026, the requirements read as follows :
I'm buying my first flat in Okehampton with the aid of help to buy. The developers refused to move on the amount so I negotiated £7000 of extras instead. The sale representative told me not reveal to my solicitor about this deal as it will jeopardize my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Having had my offer accepted I require leasehold conveyancing in Okehampton. Before I get started I require certainty as to the unexpired term of the lease.
Assuming the lease is registered - and almost all are in Okehampton - 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.
Okehampton Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing
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How is the lease structured? Who is in charge of the block? It would be sensible to investigate if there is anything that is prohibited in the lease. For instance some leases prohibit pets being allowed in in a block in Okehampton. If you love the flatin Okehampton but your cat can’t live with you then you have a very difficult choice.
My folks cant seem to find their Okehampton land registry title on the website. They recall that back in the 60’s when they bought the property there were complications regarding Okehampton not being identified on some systems.
The vast majority of premises in Okehampton should show up. Have you tried a search with simply the postcode. Usually it will disclose all the houses and flats inside that postcode. Assuming the property is registered it will be there with a title number. If they bought back in the 60’s it's conceivable it may be unregistered. The address might still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title deeds which could be with your parent’s mortgage company.