All was ready to move into my new home in Gateshead next Thursday. My conveyancing practitioner now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What does the insurance need to cover?
All property lawyers on acting for banks 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 instructions. These obligations are not limited to conveyancing in Gateshead.
When does exchange of contracts happen for sale conveyancing in Gateshead and do I need to be at the lawyers branch?
Where you are local to one of the conveyancing solicitors in Gateshead you are invited in to sign contracts. However, the law practices we recommend offer countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when communicating with you electronically. The executing of the contract is not the important part. A signed contract simply enables the solicitor to exchange contracts at the appropriate time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Gateshead)to be in the office available at the end of the phone to exchange contracts.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Gateshead. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 20/12/2025, the requirements read as follows :
I got the keys to my home on 12 January and my personal details is yet to be registered. Should I be concerned? My conveyancing solicitor in Gateshead expressed confidence that it will be registered in a couple of weeks. Are properties in Gateshead particularly slow to register?
As far as conveyancing in Gateshead registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether there are errors and if the Land registry must send notices to any other parties. At present in the region of three quarters of such applications are completed within 12 days but occasionally there can be extensive delays. Historically registration is effected once the new owner is living at the property thus an expedited registration is not always an essential issue but where it is urgent that the the registration takes place urgently then you or your lawyers must communicate with the Registry to express the reasoning for an expedited registration.
Due to the advice of my in-laws I had a survey completed on a property in Gateshead ahead of retaining solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders will refuse to grant a loan on this type of premises.
It varies from the lender to lender. Santander has different requirements from Halifax. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Gateshead. Conveyancing will be smoother if you use a solicitor in Gateshead especially if they are accustomed to such properties in Gateshead.
I need to appoint a conveyancing solicitor for sale conveyancing in Gateshead. I happened to stumble upon a web site which looks to be the ideal offering If it is possible to get all formalities done via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?