Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in East Boldon. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 27/6/2025, the requirements read as follows :
When it comes to mortgage companies such as RBS, do East Boldon conveyancers incur a fee to be on the conveyancing panel?
We are not aware of any bank fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
We had chosen conveyancing lawyers locally in East Boldon on the Co-operative solicitor approved list. They have just invoiced me a supplemental amount for the legal aspects of the Co-operative mortgage. Is this a supplemental conveyancing fee specified by Co-operative?
As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your lawyer is entitled to charge a fee for this. The charge is not set by Co-operative but by your East Boldon property lawyer. Some firms on the Co-operative panel will levy an ‘acting for lender’ fee but plenty of firms incorporate it on their overall fee.
Our sealed bid on a semi in East Boldon has been accepted, but there is a chain. The owners have put an offer on somewhere, however it’s not been accepted yet, and have viewings of other flats booked. I have selected a nearby conveyancing solicitor in East Boldon. What should be my next step? When do I get the mortgage application with Santander going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then survey, East Boldon conveyancing search costs, etc). The first thing to do is check that your lawyer is on the Santander conveyancing panel. Concerning the next stages this very much dictated by the specifics of your case, motivation for this property and on the state of the market. In a hot market some home buyers will apply for a home loan with Santander and pay for the valuation and only if it was satisfactory would they pay their conveyancing practitioner to move forward with searches.
Are there restrictive covenants that are commonly identified during conveyancing in East Boldon?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in East Boldon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in East Boldon with a mortgage from Yorkshire Building Society. The sellers refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative suggested that I not disclose to my conveyancer about this deal as it could jeopardize my mortgage with Yorkshire Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML 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.
I am looking for a flat up to £235,500 and identified one near me in East Boldon I like with amenity areas and station nearby, the downside is that it's only got 51 years on the lease. I can't really find anything else in East Boldon suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage that many years will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
In my capacity as executor for the will of my grandfather I am selling a property in Monmouth but reside in East Boldon. My conveyancer (approximately 250 kilometers from meneeds me to execute a stat dec before completion. Can you recommend a conveyancing lawyer in East Boldon to witness and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in East Boldon