Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in East Sheen. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 28/3/2025, the requirements read as follows :
My partner and I are close to exchanging contracts on the sale of our property in East Sheen and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A high street East Sheen conveyancer would know this is not the case. It does beg the question why the buyers are using a factory type conveyancing outfit rather than a conveyancing solicitor in East Sheen. Having lived in East Sheen for 5 years we know of no issue. Should we contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
The deeds to my home are lost. The conveyancers who did the conveyancing in East Sheen 10 years ago no longer exist. What are my next steps?
These day there are duplicates made of almost everything, and your solicitor should be aware exactly where to look for all the suitable paperwork so you may purchase or dispose of your property without a hitch. Where duplicates are not available, your solicitor may be able to put in place insurance or indemnities against possible claims on the property.
I'm buying a new build house in East Sheen with a mortgage from Yorkshire Building Society. The sellers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not inform my lawyer about the deal as it would put at risk my loan with the lender. 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.
Do I need to be wary about brokers that I am dealing with are recommending a national conveyancing firm rather than a local East Sheen conveyancing company?
As is the case with lots of professional services, often recommendations from family and friends can be worth their weight in gold. Yet there are numerous parties with a vested interest in a conveyancing deal; estate agents, financial adviser and mortgage companies may recommend lawyers to select. Sometimes these conveyancers might be known to one of the organisations as experts in their field, but occasionally there behind the scenes commercial relationship behind the recommendation. You are free to choose your preferred lawyer. You need to be aware that some banks have an approved list of lawyers you have to use for the mortgage related work in your conveyancing.
Some months ago I was told by my bank that their approved lawyers operate no completion no charge basis for conveyancing in East Sheen. I had a purchase abort nevertheless the lawyers want search fees! They are claiming that the fees are nothing to do with their fees!
in promising "no sale no fee" East Sheen conveyancing firms are foregoing their fees for any work done. We must stress this is NOT an insurance scheme. Disbursements aren’t covered – where the conveyancing practitioner have to pay money out to other people, e.g. East Sheen local search fees