Will my conveyancing lawyers need to check that the building insurance when buying a house in Upper Clapton. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/1/2026, the requirements read as follows :
This question may be naive but I am wet behind the ears as a first time buyer of a ground floor flat in Upper Clapton. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Upper Clapton?
On the day of completion you do not need to go to the conveyancers office in Upper Clapton. Conveyancing lawyers for you will transfer the completion advance to the seller's conveyancers, and once they have received this, you should be able to receive the keys from the selling Agents and move into your new home. Usually this occurs between 1 and 3pm.
I am expecting a DIP from RBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do RBS recommend any Upper Clapton solicitors on the RBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Upper Clapton solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Upper Clapton building society branch on various occasions and was told it does not impact the mortgage offer and they will lend. My Upper Clapton conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the property lawyer is on the mortgage company approved list, they must adhere to the Council of Mortgage Lenders’ Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
How does conveyancing in Upper Clapton differ for new build properties?
Most buyers of new build property in Upper Clapton contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Upper Clapton tend to purchase the site, 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 conveyancers 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 Upper Clapton or who has acted in the same development.
Should I use a Upper Clapton conveyancing lawyer in close proximity to the house I am buying? We have a good friend who can perform the legal formalities however they are based 400miles drive away.
The benefit of a local Upper Clapton conveyancing practice is that you can drop in to execute paperwork, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and the majority were impressed that should outweigh using an unknown Upper Clapton conveyancing solicitor solely due to them being round the corner.
Planning to complete next month on a garden flat in Upper Clapton. Conveyancing lawyers inform me that they are sending me a report next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Upper Clapton should include some of the following:
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Does the lease prohibit wood flooring? Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Details of the parties to the lease, for example these could be the lessee, superior lessor, freeholder Responsibility for maintaining the window frames
I inherited a basement flat in Upper Clapton. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Most certainly. We are happy to put you in touch with a Upper Clapton conveyancing firm who can help.
An example of a Lease Extension case for a Upper Clapton flat is Flat 25, Stamford Hill Mansions Stamford Hill in April 2010. The Tribunal therefore determined that the premium to be paid by the lessee to the freeholder for the extension of the lease should be £28,984.00 This case was in relation to 1 flat. The unexpired lease term was 59 years.
We had our home loan agreed in principle yesterday with our lender. We instructed a reputable conveyancer in Upper Clapton two days ago. This morning, our financial adviser contacted us saying that the bank said that we cannot use our solicitor as they aren't on their panel. As FTB's, we did not have a clue that the lender had some control over our choice Is this usual?
You are permitted to appoint any property lawyer you wish to choose including the said conveyancer in Upper Clapton nevertheless if your mortgage company aren't happy with them you must incur additional cost so the bank can instruct their own solicitors as well to protect their interest. sometimes it is possible your solicitor may apply to get included on to the lender panel. Do make the most of online search facilities such as lenderpanel.com to find a conveyancing solcitor in Upper Clapton on the lender panel. You can go into your local lender branch in Upper Clapton. They will know some good conveyancing solicitors in Upper Clapton on the panel for your mortgage company.