I am hoping to move into my new home in Moorgate next Monday. My property lawyer now wants me to supply her with proof 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 risks does the mortgage company expect the insurance to cover?

All property lawyers 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 unique to conveyancing in Moorgate.

What is the first thing I need to know concerning purchase conveyancing in Moorgate?

Not many law firms shout this from the rooftops but conveyancing in Moorgate or throughout London is often a confrontational experience. Put another way, when it comes to conveyancing there is plenty of opportunity for friction between you and other parties involved in the legal transfer of property. For example, the seller, estate agent and sometimes a mortgage company. Selecting a law firm for your conveyancing in Moorgate is a critical decision as your conveyancer is your adviser, and is the SOLE party in the transaction whose interest is to protect your legal interests and to protect you.

Every so often a potential adversary will try and sway you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your lawyer is dragging his heels. Or your mortgage broker may advise you to do something that is contrary to your solicitors advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

I used Wolstenholmes several years ago for my conveyancing in Moorgate. Now, I need my documents however cannot find the solicitor. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Moorgate of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Moorgate I like with amenity areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Moorgate for this price, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a home loan that many years will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.

What makes your site different to alternative web based conveyancing solicitors for conveyancing in Moorgate?

At this site obtain a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Moorgate. Unlike many estate agents and many comparison sites we do not have commission deals with solicitors. Some agents and online brokers 'recommend' the firm who pay the highest per referral, as opposed to the best value conveyancing in Moorgate