Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Bishops Stortford. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/11/2026, the requirements read as follows :
2 months have gone by since my purchase conveyancing in Bishops Stortford completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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.
I'm purchasing my first flat in Bishops Stortford benefiting from help to buy. The developers refused to move on the price so I negotiated £7000 of extras instead. The estate agent told me not inform my conveyancer about this side-deal as it may adversely affect my mortgage with the bank. Should I keep quiet?.
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 UK Finance website. UK Finance 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.
How do I use the search tool to select a conveyancing lawyer in Bishops Stortford on the panel for my lender?
First select a lender such as Santander, The Mortgage Works or Alliance & Leicester then type in your preferred area such as Bishops Stortford. Conveyancing organisations in Bishops Stortford and nationally will then be identified.
In my capacity as executor for the estate of my father I am selling a property in Newport but reside in Bishops Stortford. My lawyer (based 200 miles awayrequires that I sign a stat dec ahead of completion. Could you suggest a conveyancing practitioner in Bishops Stortford who can witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Bishops Stortford
Why do I have to provide my conveyancing practitioner with various items of identification before they can commence with my conveyancing in Bishops Stortford?
Bishops Stortford lawyers are duty bound by the Law Society, SRA, HMLR and current AML legislation to record that the have checked the identity of their clients. It will also be a condition of your mortgage offer. Furthermore they have to complete various forms, particularly those relating to SDLT and need to have information such as your full names, national insurance number and date of birth.