I am hoping to move into my new home in Accrington next Thursday. My solicitor now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the lender. What does the insurance need to cover?
Any lawyer on acting for lenders 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 conditions. These requirements are not specific to conveyancing in Accrington.
We are selling our flat in Accrington. Does the solicitor have to be required to be on the HSBC conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
My wife and I purchased a terraced Victorian house in Accrington. Conveyancing practitioner represented me and Bank of Scotland. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Accrington and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who carried out the work.
My company is planning to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering no-sale-no charges for non-domestic conveyancing in Accrington for under £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Accrington, including the sale and acquisition of businesses as well as simply property. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Let us have your details or telephone us so that we can provide you with comprehensive commercial conveyancing quote.
Me and myhusband and I are are seeking to find a trustworthy conveyancing solicitor in Accrington to purchase a flat. I I am fearful of being overcharged and there's plenty Accrington conveyancing firms to pick from...who's the best?
To get quotes for your move via conveyancing firms that undertakes services in Accrington please use our quote tool.