Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Snaith. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 23/7/2025, the requirements read as follows :
I'm the sole recipient of my late mum's estate with all property in now in my sole name, including the my former home in Snaith. The Snaith property was put into my name in June. I plan to dispose of the property. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship could be considered the same way as if I'd bought the property in June. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. Some lenders would take a practical view as this provision is chiefly there to identify the purchase and immediately sell or the flipping of properties.
When it comes to mortgage companies such as Lloyds, do Snaith lawyers have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We have a mortgage agreed in principle with Co-operative. Snaith conveyancing solicitors are appointed. How long does it take for Co-operative to forward the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Co-operative done the valuation? Have you advised Co-operative as to your lawyers' details and checked that your lawyers are on the Co-operative conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
It has been 4 months following my purchase conveyancing in Snaith concluded. 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 property 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.
Due to the input of my in-laws I had a survey completed on a house in Snaith in advance of retaining solicitors. I have been advised that there is a flying freehold element to the house. The surveyor advised that some lenders tend not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Snaith. Conveyancing will be smoother if you use a solicitor in Snaith especially if they are accustomed to such properties in Snaith.
In surfing the web for the term conveyancing in Snaith it shows results of numerous conveyancersin the area. How do I determine which is the suitable conveyancer for my move?
The best method of seeking a suitable conveyancer is via personal testimonial, so seek the counsel of colleagues and family who have bought a property in Snaith or a reputable estate agent or financial adviser. Fees for conveyancing in Snaith differ, so it's sensible to obtain at least four quotes from different companies. Be sure to secure confirmation what costs in the quote includes.
I am looking to sell a garage which is on a separate legal title with the land registry asking for 22k, to clear debts. There is a mortgage with HSBC. Can you refer me to an inexpensive conveyancer as the usual £600-£700 eats in the return somewhat. Although I live in Snaith I dont need to use a Snaith property lawyer.
The purpose of this site is restricted to being a directory service for lawyers who want to be listed as being on the approved conveyancing panel for HSBC in certain areas such as Snaith . We dont recommend any specific conveyancing practitioner.