I am hoping to move into my new home in Rolleston On Dove next Friday. My solicitor now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What does the insurance need to cover?
Any lawyer on acting for banks 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 Rolleston On Dove.
At what point does exchange of contracts take place for residential conveyancing in Rolleston On Dove and do I need to be at the lawyers branch?
If you are round the corner to our conveyancing solicitors in Rolleston On Dove you are invited in to sign the paperwork. That being said, the law practices we work with offer a nationwide conveyancing service and provide as equally comprehensive and professional a job for you when dealing with you electronically. The executing of the property agreement is not when everything is set in stone. A signed contract is necessary for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Rolleston On Dove)to be in the office available at the end of the phone to exchange contracts.
I have 71 years unexpired on my lease and require a lease extension for my apartment in Rolleston On Dove. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/2/2026 the requirements read as follows :
I am buying my first flat in Rolleston On Dove with the aid of help to buy. The sellers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not disclose to my solicitor about this deal as it would impact my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
My father has suggested that I use his conveyancing solicitors in Rolleston On Dove. Should I choose my own solicitor?
There are no two ways about it the best way to select a conveyancing practitioner is to seek guidance from friends or relatives who have actually previously instructed the firm that you are contemplating using.