Due to move into my new home in Walkington next Friday. My lawyer now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What does the insurance need to cover?
All property lawyers 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 instructions. These obligations are not limited to conveyancing in Walkington.
Do I have to pop into the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Walkington so that I can pop in to their offices if required.
Most conveyancing panel lawyers for banks carry out the vast majority of work via the post, internet or over phone calls. This means that they can undertake the legal work for your home move no matter where you live in England or Wales. However you should check if you have the option of attending the offices of your conveyancing lawyer if needed.
I am assisting my step-mother sell her flat in Walkington. Will the solicitor order an energy performance certificate or should I organise this?
Following the demise of Home Packs, energy performance certificates was retained a compulsory element of selling a property. An EPC must be to hand prior to the property being advertised. It is not as aspect of the sale process that solicitors normally arrange. If you are using a Walkington conveyancing solicitor they might be willing to arrange energy performance certificates given their relationships with long established local assessors
We have a mortgage agreed in principle with Santander. Walkington conveyancing lawyers were chosen. How long does it take for Santander to forward the offer to the conveyancer?
There is no definitive answer here. Have Santander done the survey? Have you advised Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My offer was accepted on a property in Walkington on 13/3/2025, valuation was booked five days later, received a clean bill of health. Solicitor instructed, so all that was missing was my mortgage offer. Having made daily calls to Bank of Ireland and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Bank of Ireland conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Just had an offer accepted on a new build flat in Walkington. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Walkington
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the encouragement of my in-laws I had a survey completed on a house in Walkington prior to retaining lawyers. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some lenders tend not issue a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Walkington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Walkington to see if the conveyancing will be more expensive.
Am I better off to go with a Walkington conveyancing practitioner based in the location that I am hoping to buy? I have an old university friend who can carry out the legal work however they are based a couple of hundredkilometers away.
The benefit of a local Walkington conveyancing practice is that you can pop in to execute paperwork, present your identification documents and pester them where appropriate. They will also have local knowledge which is a benefit. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and they were happy that must surpass using an unknown Walkington conveyancing lawyer solely due to them being Walkington based.