Due to move into my new home in Woodcote Green next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the mortgage company expect the insurance to cover?
Any lawyer on acting for banks 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 requirements are not unique to conveyancing in Woodcote Green.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Woodcote Green. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 23/11/2025, the requirements read as follows :
Have just purchased a probate house at auction in Woodcote Green. Conveyancing is needed. What is next?
Having legally bound yourself to purchase you must retain a conveyancing solicitor quickly as you are facing a pending a drop dead date to complete the conveyancing. An auction property will have a bespoke auction pack. This will include most,if not all of the paperwork that your solicitor requires. In the case of leasehold premises the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to a leasehold property. You must pass this on to the solicitor working for you ASAP. Do make sure that you have funds in order to complete on the date specified in the contract.
I am due to move house in December. Should my conveyancing solicitor call the removal company on the day of completion. As an aside, can you put forward a removal company in Woodcote Green. Conveyancing lawyer was found prior to coming across this website.
On the day of completion you will need to collect the keys from the property agent but this should only be done after the vendors lawyers inform the agent that the monies to complete are in and the keys can be passed over. Subsequently you will need to advise the removal company that you are ready to move in. As a matter of policy we do not suggest a particular removal company but can help you find a residential property solicitor in Woodcote Green or a lawyer with expertise in conveyancing in Woodcote Green.
The formalities of my purchase has taken place for my property in Woodcote Green. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
It has been 3 months following my purchase conveyancing in Woodcote Green took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Our sealed bid on house in Woodcote Green has been accepted, but there is a chain. The current proprietors have submitted an offer on a property, although it’s not yet tied up, and has viewings of other properties in the pipeline. I have instructed a nearby conveyancing lawyer in Woodcote Green. What should be my next step? At what stage should I apply for the mortgage with Leeds Building Society?
It is normal to have anxieties where there is an associated chain given your reluctance to be too out of pocket too early (home loan application is in the region of one thousand pounds, then survey, Woodcote Green conveyancing search costs, etc). First, you must ensure that your solicitor is on the Leeds Building Society conveyancing panel. Regarding the next phase this very much depends on the circumstances of your case, desire for this property and on the state of the market. During a rising market many buyers would apply for the mortgage with Leeds Building Society and arrange for the valuation and only if it comes back ok would they pay their solicitor to proceed with searches.