Due to move into my new home in Sandhurst next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the bank. What risks does the mortgage company expect the insurance to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These obligations are not limited to conveyancing in Sandhurst.
I have recentlybecome aware that Arc property Solicitors have been shut down. They conducted my conveyancing in Sandhurst for a purchase of a leasehold apartment 18 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sandhurst conveyancing specialists.
How difficult is it to transfer to a new conveyancer as I need to appoint a firm on the Nottingham Building Society conveyancing panel. I was using a high street conveyancing solicitor in Sandhurst round the corner but the firm is not accepted by Nottingham Building Society
It would be our pleasure to help you select a conveyancing solicitor in Sandhurst on the Nottingham Building Society panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Sandhurst. In utilising the find a conveyancing solicitor tool on this site, you can compare charges for conveyancing solicitors in Sandhurst and throughout England and Wales.
We're new on the property ladder - had an offer accepted, yet the selling agent informed us that the vendor will only move forward if we use their preferred conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Sandhurst
We suspect that the owner is not behind this request. If they desire ‘a quick sale', alienating a serious purchaser is likely to cause more damage than good. Try to communicate with the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)however you are going to use your preferred Sandhurst conveyancing solicitors - as opposed tothe ones that will earn the estate agent a kickback or hit his conveyancing targets demanded by senior management.
My partner and I about to complete on the purchase a property in Sandhurst but as a consequence of wreckage from the recent storms I have negotiated recompense from the seller of £3k in the form of a reduction in the price. I had intended this to be addressed as part of the conveyancing process yet the lender will not agree to this. Why were they approached?
The conveyancing practitioner being on the bank approved list is obliged to disclose to the mortgage company of any variations to the sale amount. In the event that you did not allow your lawyer to disclose the price change to your mortgage company then they would have no choice but to refrain from acting for you and the lender.