My nephew is about to exchange on a new build apartment in Swansea East with a mortgage from Barclays. His lawyer 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 form 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 Barclays 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 Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Finally the sale completed on my house in Swansea East last December yet the purchaser is e-mailing me complaining that their conveyancer needs to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your disposal your conveyancer should forward the transfer documentation and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer must also send confirmation that the legal charge in favour of the lender has been repaid to the buyers solicitors. There is unlikely to be post completion requirements just for conveyancing in Swansea East.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Swansea East. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 23/12/2025, the requirements read as follows :
Me and my partner are buying a property in Swansea East. It might be a silly question but how we can trust a lawyer? On completion day we will need to deposit funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it correct that all Swansea East CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved firms?
A selection of banks and building societies now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
When it comes to lenders such as Lloyds, do Swansea East lawyers face an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
Do I need to take out insurance to cover chancel repairs when buying a property in Swansea East?
Unless a previous purchase of the premises took place post 12 October 2013 you may expect lawyers conducting conveyancing in Swansea East to remain recommending a chancel search and or chancel repair liability insurance.
How does conveyancing in Swansea East differ for newly converted properties?
Most buyers of new build premises in Swansea East come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Swansea East tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Swansea East or who has acted in the same development.