Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Falconwood. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 13/2/2025, the requirements read as follows :
We are close to exchanging contracts on the sale of our house in Falconwood and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Falconwood conveyancer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing firm as opposed to a conveyancing solicitor in Falconwood. Having lived in Falconwood for many years we know of no issue. Is it a good idea to get in touch with our local Authority to seek clarification need.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must enquire of 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 life insurance to cover that same sickness)
It has been 2 months following my purchase conveyancing in Falconwood took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a flat up to £195,000 and identified one near me in Falconwood I like with a park and railway links in the vicinity, however it only has 61 years on the lease. I can't really find anything else in Falconwood in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
In my capacity as executor for the will of my father I am selling a house in Neath but live in Falconwood. My conveyancer (based 250 miles awayneeds me to execute a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Falconwood who can witness this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Falconwood based
My nephew is about to join the property ladder, he had his mortgage in principle. After the offer was accepted on house we telephoned the mortgage company to issue the formal offer. We were disappointed to hear that mortgage companies do not accept all property lawyer, they have to be on a list, is this right?
Banks ordinarily restrict either the type or the number of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Falconwood lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.