I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Warsash. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 11/9/2025, the requirements read as follows :
Have just purchased a probate house at auction in Warsash. Conveyancing is necessary. What is next?
Having exchanged you now have to appoint a conveyancing practitioner quickly as you will have a pending deadline in which to complete the deal. An auction property will have an associated legal pack. This will include most,if not all of the paperwork that your solicitor requires. If you have purchased leasehold property the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that that you have the requisite funding organised to complete the transaction on the set completion date.
Is it correct that all Warsash CQS (Conveyancing Quality Scheme) solicitors are on the Santander conveyancing panel?
Some major lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
is it true that all Warsash solicitor firms on the TSB conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the TSB approved list of solicitors they would need to be regulated by the SRA. Some mortgage companies do permit licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.
My wife and I are intent on selling our property in Warsash and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Warsash lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Warsash. We have lived in Warsash for 4 years we know of no issue. Should we get in touch with our local Authority to get confirmation need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I purchased my home on 7 March and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Warsash expressed confidence that it should be registered in less than a month. Are properties in Warsash particularly slow to register?
As far as conveyancing in Warsash is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether there are errors and if the Land registry communicate with any 3rd parties. As of today approximately three quarters of submission are fully addressed within two weeks but occasionally there can be protracted hold-ups. Registration is effected once the purchaser is living at the property so an expedited registration is not always top priority but if there is a degree of urgency associated with the registration then you or your lawyers can speak with the land registry and explain the circumstances.
Due to the advice of my in-laws I had a survey completed on a property in Warsash ahead of appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. If you contact us we can check with 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 Warsash. Conveyancing may be slightly more expensive based on your lender's requirements.
I am attracted to a couple of flats in Warsash both have approximately fifty years remaining on the lease term. Do I need to be concerned?
There is no doubt about it. A leasehold apartment in Warsash is a wasting asset as a result of the shortening lease. The closer the lease gets to its expiry date, the more it reduces the salability of the premises. The majority of purchasers and mortgage companies, leases with less than 75 years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Warsash conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I bought a basement flat in Warsash, conveyancing was carried out 10 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Warsash with a long lease are worth £265,000. The ground rent is £50 invoiced every year. The lease expires on 21st October 2101
With only 76 years remaining on your lease we estimate the price of your lease extension to range between £8,600 and £9,800 plus legals.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.