Will my conveyancing lawyers need to check that the building insurance when buying a house in Chesham. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 14/5/2025, the requirements read as follows :
Are all Chesham Conveyancing Quality Solicitors on the Barclays conveyancing panel?
Some major lenders now make use of the accreditation scheme as the kick off point for Panel approval 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 join their panels.
We have agreed to purchase a house in Chesham. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As your lender is Virgin Money your lawyer must comply with the conveyancing requirements set out in Part two of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Virgin Money where a lease does not satisfy these provisions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Chesham.
I was told two weeks ago that my mortgage has been agreed to by Virgin Money. Is it usual for Virgin Money to only issue the offer once my solicitor in Chesham is approved on their conveyancing panel? Virgin Money have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.
My relative advised me that where I am purchasing in Chesham I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Chesham conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Chesham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Chesham Education with maps and statistics, Local Amenities and other useful data concerning Chesham.
Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who did the conveyancing in Chesham 5 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to have the physical official documentation to prove you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a flat up to £305k and found one round the corner in Chesham I like with amenity areas and station nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Chesham suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I need to instruct a conveyancing solicitor for sale conveyancing in Chesham. I've land on a web site which seems to have the perfect answer If there is a chance to get all formalities done via web that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?