Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Lisvane. My lender is Tesco Bank

Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 26/7/2024, the requirements read as follows :

My aunt advised me that in purchasing a property in Lisvane there may be various restrictions prohibiting external changes to a property. Is this right?

There are anumerous of properties in Lisvane which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Lisvane should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Can you help - my lawyer advises that flying freehold insurance is necessary on my purchase. What is the level of cover for Lisvane conveyancing?

The right level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between Yorkshire Building Society and Virgin Money. Conveyancing practitioners as opposed to members of the public take out such policies.

I'm in the throws of viewing houses in Lisvane and I am about to put in an offer. Is it sensible to have my conveyancer on ‘stand by’? I will be getting a mortgage with Lloyds.

You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. As you are taking out a mortgage with Lloyds, make sure you remember to check that your lawyer is on the Lloyds conveyancing panel.

We are purchasing a house and the conveyancer has referenced Chancel Repair to which the house could be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this really appropriate for conveyancing in Lisvane

Unless a previous acquisition of the house took place post 12 October 2013 you can expect lawyers conducting conveyancing in Lisvane to remain recommending a chancel search and or insurance against a claim.

Having had my offer accepted I require leasehold conveyancing in Lisvane. Before diving in I require certainty as to the number of years remaining on the lease.

If the lease is registered - and 99.9% are in Lisvane - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Lisvane Leasehold Conveyancing - A selection of Queries Prior to buying

How many years are left on the lease? You should want to discover as much as possible concerning the company managing the block as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to practical matters like the tidiness of the common parts. You should not be shy to ask prospective neighbours whether they are happy with them. On a final note, find out the dates that you are obliged pay the maintenance charge to the managing agents and precisely what it includes. How is the lease structured?

Am in the process of purchasing my first property in Lisvane. Conveyancing lawyer has been chosen. The broker advised that a survey is not necessary as the property was only built 16 yrs ago.

At the very least you should order a Home Buyer's Report. Given the property is over 10 years old the property will not benefit from a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report could suffice. They will highlight any obvious issues and suggest additional investigation if relevant. Where there are any indications of problems seek a comprehensive Building Survey from the beginning.