I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Longthorpe. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 7/4/2024, the requirements read as follows :

We are aiming to move home in July. Will my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you put forward a removal company in Longthorpe. Conveyancing solicitor was organised prior to coming across your website.

On the afternoon of completion you can pick up the keys from your estate agent but this can only be done once the vendors solicitors confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you can inform the removal company that you are ready to move in. As a matter of policy we do not recommend a particular removal company but can assist you in finding a conveyancing in Longthorpe or a lawyer with expertise in conveyancing in Longthorpe.

Two weeks ago we had a mortgage agreed in principle with Nottingham. Longthorpe conveyancing practitioners have been selected. How long does it take for Nottingham to send the offer to the property lawyer?

There is no definitive answer here. Have Nottingham conducted the valuation? Have you informed Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

I have paid off my mortgage with Santander. I assume I don't need a Longthorpe conveyancing practitioner on the Santander panel to discharge the mortgage at the Land Registry. Am I right?

If you have finished paying off your Santander mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Santander mortgage from the register. Santander, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Santander has sent the Land Registry the discharge electronically, and
3. Santander has instructed the Land Registry to do so

Are there restrictive covenants that are commonly picked up during conveyancing in Longthorpe?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Longthorpe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I'm purchasing a new build house in Longthorpe benefiting from help to buy. The builders would not move on the amount so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not inform my solicitor about the side-deal as it may impact my mortgage with the bank. Do I keep my lawyer in the dark?.

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.

Me and my husband have agreed a price on a Longthorpe apartment we inherited 5 years ago in 2011. I have over 12 years conveyancing know-how and, although retired, intend to carry out my own conveyancing. The purchaser's lawyer has informed me that their Lenders will not allow you to do your own conveyancing mandating that the funds to be released via a solicitor's bank account.

Lending requirements to lawyers from all CML members state that If the seller is not legally represented the borrower's lawyers should check whether the lender needs to be informed so that a decision can be reached as to whether or not they are willing to move forward.