Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Danbury. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/1/2025, the requirements read as follows :
We have agreed to purchase a house in Danbury. One unusual aspect is that the roof has a solar panel. HSBC have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is HSBC your lawyer must follow the formal instructions set out in Section 2 of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and lawyers are required to report to HSBC where a lease fails to satisfy these provisions. The conditions relate to the installation of panels on properties countrywide and is not restricted to Danbury.
I am due to exchange contracts on my apartment. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Bank of Ireland are being pedantic. The Danbury solicitor who is on the Bank of Ireland conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Bank of Ireland are requiring a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I was told two weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in Danbury is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Danbury?
Unless a prior acquisition of the premises took place post 12 October 2013 you may assume that lawyers carrying out conveyancing in Danbury to remain recommending a chancel search and or chancel repair liability policy.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one close by in Danbury I like with amenity areas and station nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Danbury for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage that many years will likely be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
Given that I am about to part with £400,000 on a terraced house in Danbury I would like to talk to a solicitor regarding thehouse move ahead of instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer due to be doing your property ownership legalities in Danbury.There is no ‘factory style conveyancing’ - each client is unique individual, not a case reference. The law firms that we put you in touch with believe that the fees you are provided with for residential conveyancing in Danbury should be the figure that you are charged.
My plan is to purchase a garden maisonette in Danbury. Conveyancing lawyer is awaiting, from the seller, building insurance schedule. This morning I was informed that the owner must forward the insurance schedule for the flat above also. Why does my conveyancer want to check the insurance for the flat above? Is it strictly necessary? We have been in hold for the previous 2 weeks…
It is not impossible in leasehold conveyancing in Danbury to find Conveyancing in Danbury in a minority of cases reveals that the lease requires the tenant's to insure their individual flats rather than the freeholder insuring the complete building - which is clearly preferable. You should contact your conveyancer but it would seem that your solicitor is looking to verify that the entire building is insured. Insuring a ground floor flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt due to lack of insurance.