Our lawyer has discovered a a problem with the lease for the flat we are purchasing in Ladywood. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our conveyancer says that he must ensure that the mortgage company is happy with this solution. Are we the client or is the bank?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. The appropriate lender conditions have to be complied with.
We are looking to buy a property and require a conveyancing solicitor in Ladywood who is on the Nationwide approved panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in Ladywood.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Ladywood. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 13/12/2025, the requirements read as follows :
How does conveyancing in Ladywood differ for newly converted properties?
Most buyers of new build residence in Ladywood come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Ladywood usually acquire the land, 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 accustomed to new build conveyancing in Ladywood or who has acted in the same development.
Hoping to buy a property located in Ladywood and I am already nervous. I couldn't find anything specific about Ladywood. Conveyancing will be needed in due course but do you know about the Ladywood area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ladywood. In the meantime here are some basic statistics that we found