My conveyancer has uncovered a defect with the lease for the flat we are purchasing in Peterlee. The seller’s lawyers have suggested title insurance as a solution. We are content with insurance and will pay for it. Our solicitor says that he must check that the lender is willing to move forward with this solution. Are we the client or is the mortgage company ?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their conditions 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 mortgage company are the client. These conveyancing instructions have to be complied with.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Peterlee. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/9/2025, the requirements read as follows :
We are purchasing a property in Peterlee. I might seem paranoid but how we can trust a solicitor? At some point we will need to deposit our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
A colleague advised me that in buying a property in Peterlee there may be various restrictions limiting what one can do in terms of external alterations to the property. Is this right?
We are aware of anumerous of properties in Peterlee which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Peterlee should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have instructed a Peterlee lawyer having checked that they are on the Principality conveyancing panel. Does my lawyer arrange the survey of the property?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Peterlee surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Peterlee and how can you help?
The 1954 Act provides protection to business tenants, granting the legal entitlement to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in Peterlee
I am 18 days into a leasehold purchase having been recommend to solicitors by the local agent to do our conveyancing in Peterlee. I am not happy. Can you you assist me in finding new conveyancers?
A solicitor would need to be really bad to suggest diss instructing them. Has the mortgage offer been sent? If so you must inform them of the replacement solicitor and have the offer are issued to the new lawyers. Your new conveyancer should be on the banks panel to avoid escalating costs and frustration. That should be your first question of the new lawyers. Our find a solicitor tool should help you find a lender approved solicitor for your home move in Peterlee