I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Stanwell. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 4/11/2026, the requirements read as follows :
Are there restrictive covenants that are commonly picked up during conveyancing in Stanwell?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Stanwell. 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…’
How does conveyancing in Stanwell differ for newly converted properties?
Most buyers of new build or newly converted property in Stanwell come to us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Stanwell usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stanwell or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Stanwell is the location of the property. Is there any guidance you can impart?
Flying freeholds in Stanwell are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Stanwell you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stanwell may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I have just started marketing my 2 bed apartment in Stanwell. Conveyancing is yet to be initiated, however I have recently received a quarterly service charge demand – should I leave it to the buyer to sort out?
It best that you discharge the invoice as you normally would given that all rents and service invoices should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Stanwell conveyancing firm to represent me?
Most definitely. We can put you in touch with a Stanwell conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Stanwell premises is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case affected 1 flat. The unexpired residue of the current lease was 82.93 years.
I am buying a maisonette mortgage free. My conveyancer has been handed with two distinct forms of photographic identification, bank statement, endless utility bills. Now he needs a copy from a probate lawyer acknowledging that the money is in place and that it has come from inheritance and not via illegitimate means.
In today’s world you will not be able to complete any Stanwell conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering Regulations.