Due to move into my new home in Copse Hill next Thursday. My solicitor now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What risks does the lender expect the insurance to cover?
All property lawyers on acting for lenders 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 UK Finance Lenders’ Handbook conditions. These obligations are not specific to conveyancing in Copse Hill.
My wife and I are buying a property in Copse Hill. It might be a silly question but how we can trust a solicitor? On completion day we have to send our life savings into their account. What protection do we have from them run away with our money?
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.
Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Copse Hill. Do I receive the keys to the property on the completion date from my lawyer? If so, I will use a local conveyancing solicitor in Copse Hill?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the seller's conveyancers, and shortly after the monies have arrived, you should be called to pick up the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
We are planning to move home in September. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Copse Hill. Conveyancing solicitor was found before I stumbled across your website.
On the afternoon of completion you will need to collect the keys from the property agent but this can only occur after the vendors conveyancers inform the agent that the monies to complete are in and the keys can be collected. You can advise the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can help you locate a residential property solicitor in Copse Hill or a lawyer with expertise in conveyancing in Copse Hill.
About to purchase a new build flat in Copse Hill. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Copse Hill
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There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan.
I decided to have a survey completed on a house in Copse Hill ahead of instructing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some lenders tend not issue a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Copse Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Copse Hill to see if the conveyancing will be more expensive.
My cousin has urged me to appoint his lawyers for conveyancing in Copse Hill. Should I choose my own conveyancer?
No doubt the best way to choose a conveyancing practitioner is to seek feedback from friends or family who have actually used the conveyancer that you are are thinking of instructing.
We are in the process of purchasing a house in Copse Hill. Conveyancing is not complete but we would like have the amount we are are buying for a secret from the likes of Zoopla. How can this be done?
HMLR by statute are obliged to specify price paid data on the official title for domestic properties nationwide including properties in Copse Hill. The register of title is a public document, so HM Land Registry would be breaking the law if they did not allow access to the register.
You can ask HM Land Registry to hide the price paid entry but the answer would be a No.