I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Sleaford. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/4/2024, the requirements read as follows :
My wife and I have arranged a further advance on our home loan from Coventry BS as we want to carry out renovations to our house in Sleaford. Do we need to appoint a high street Sleaford solicitor on the Coventry BS conveyancing panel to handle the legals?
Coventry BS don't usually instruct firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS conveyancing panel.
It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Sleaford bank branch on various occasions and was advised it wasn't a problem and they will lend. My Sleaford conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they refuse to lend in accordance with their specific requirements. Who do I believe?
Your solicitor has to comply with the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Skipton have agreed my home loan in principle, my offer on a flat in Sleaford has been agreed to, what are the next steps?
The estate agent will want to be advised as to your solicitor's details (be sure the lawyers are on the lender’s approved list). Call up Skipton or the broker and finalise any relevant forms. Skipton will appoint a valuer who will get in touch with the estate agent or owners to book an appointment. Once conducted (assuming no problems) it takes about a fortnight to receive the mortgage offer. Skipton will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Sleaford.
I am purchasing a property and the solicitor has raised the issue of Chancel Repair for which the house may be obligated to contribute to because it falls into the area of such a church. She has recommended insurance. Is this strictly necessary for conveyancing in Sleaford
Unless a previous acquisition of the property took place after 12 October 2013 you could assume that solicitors delivering conveyancing in Sleaford to continue to suggest a chancel search and or insurance against a claim.
Due to the input of my in-laws I had a survey completed on a house in Sleaford before retaining solicitors. I have been advised that there is a flying freehold element to the house. The surveyor has said that some lenders will refuse to give a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements from Nationwide. If you call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Sleaford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sleaford to see if the conveyancing costs will increase in light of this.
I am looking for a conveyancing solicitor in Sleaford for my house move. Is there any facility to see a firm’s complaints history with the legal regulator?
One may search for presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may recorded call for training purposes.