All was ready to move into my new home in Tibshelf next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What does the insurance need to cover?
Any lawyer on acting for mortgage companies 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 requirements. These obligations are not limited to conveyancing in Tibshelf.
We see that you have a post code search directory listing solicitors on the RBS conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Tibshelf?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Tibshelf.
My Solicitor in Tibshelf is not listed on the Nationwide Building Society Solicitor Panel. Is it possible for me to retain my family solicitor even though they are excluded from the Nationwide Building Society approved list?
The limited options available to you here include:
- Complete the purchase with your preferred Tibshelf lawyers but Nationwide Building Society will need to instruct a lawyer on their panel. This will inevitably rack up the total legal charges and result in frustration.
- Choose an alternative lawyer to act in the purchase, remembering to check they are on the Nationwide Building Society panel
Just had an offer accepted on a new build apartment in Tibshelf. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tibshelf
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
My husband and I are first time buyers - had an offer accepted, but the selling agent informed us that the seller will only issue a contract if we instruct their recommended conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Tibshelf
It is unlikely the sellers are driving this. If they desire ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and make sure they understand (a)you are motivated purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you will continue to instruct your preferred Tibshelf conveyancing lawyers - as opposed tothose that will earn the estate agent a referral fee or hit his conveyancing thresholds set by senior management.
I acquired a flat in Tibshelf last 1/10/2024 and to date it is still not recorded with the Land Registry. It was part of a new estate and my solicitor told me that it can take twelve months to register. I have spoken with HM Land Registry directly and they have informed me the initial application was cancelled due to questions not being addressed in time. What can I do?
It is your property lawyer that you really need to turn to here in order to satisfy any questions which have been raised as part of the registration process for your Tibshelf property. Normal Tibshelf conveyancing practice includes an undertaking on the part of the vendor’s lawyer that they will assist in resolving any registration raised by HMLR so it may be a case of seeking to enforce that undertaking in some way.