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Find a Sandbach Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Sandbach? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Sandbach conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Sandbach conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Sandbach

All was ready to move into my new home in Sandbach next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor 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 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 instructions. These requirements are not specific to conveyancing in Sandbach.

How do I check that the solicitor carrying out my conveyancing in Sandbach is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus spending £192.00 in additional legal bill.

You should make use of the search tool on this web page. Please choose the lender and type ‘Sandbach’ or your location and you will discover a number of lawyer offices in Sandbach or near you.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Sandbach?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Sandbach. 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 am purchasing a new build house in Sandbach with a loan from Lloyds TSB Bank. The sellers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not inform my conveyancer about the side-deal as it could impact my loan with the lender. Should I keep quiet?.

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.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Sandbach is where the house is located. What do you suggest?

Flying freeholds in Sandbach are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sandbach you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandbach may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

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Find out more about how flying freehold can affect your the value of a property.