I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Winscombe. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/12/2025, the requirements read as follows :
I am purchasing my first flat in Winscombe with a mortgage from Accord Mortgages Ltd. The developers refused to move on the price so I negotiated 6k of extras instead. The property agent suggested that I not disclose to my conveyancer about the side-deal as it could affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Winscombe is the location of the property. What do you suggest?
Flying freeholds in Winscombe are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Winscombe you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Winscombe 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.
In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Winscombe and how can you help?
The particular law that you refer to provides security of tenure to commercial tenants, granting the right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Winscombe is one of our numerous locations in which the firms we work with are based
My husband and I are 17 days into a residential purchase having been recommend to a firm by the selling agent to do our conveyancing in Winscombe. I am am extremely disappointed with the quality of service. Could you you assist me in finding new conveyancers?
A solicitor would need to be really bad to suggest diss instructing them. Has the loan offer been issued? In the event that it has you need to advise them of the new contact details and have the loan are re-sent. Your new conveyancer needs to be on the mortgage company panel to avoid added charges and delays. That should be your starting point. The find a solicitor tool should assist you in finding a bank approved conveyancer for your conveyancing in Winscombe
Do you have any advice for leasehold conveyancing in Winscombe from the point of view of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Winscombe can be bypassed if you appoint lawyers the minute your agents start marketing the property and request that they start to collate the leasehold documentation needed by the buyers’ representatives. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may have to bite the bullet and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to present the dispute as over as opposed to ongoing. A minority of Winscombe leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. The majority of landlords or managing agents in Winscombe charge for providing management packs for a leasehold premises. You or your lawyers should find out the actual amount of the charges. The management pack sought on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Winscombe.
Winscombe Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
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Many Winscombe leasehold properties will be liable to pay a service bill for maintenance of the building levied by the freeholder. Where you acquire the apartment you will have to pay this charge, normally periodically during the year. This could be anything from several hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. There will also be a ground rent for you to pay annual, ordinarily this is not a significant sum, say approximately £25-£75 but you should to check it because on occasion it could be surprisingly expensive. This information is useful as a) areas may cause problems for the building as the communal areas may begin to deteriorate if maintenance are not paid for b) if the tenants have a dispute with the running of the building you will need to have complete disclosure Does the lease contain onerous restrictions?