All was ready to move into my new home in Whitehaven next Thursday. 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?
All property lawyers 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 limited to conveyancing in Whitehaven.
What is the difference between a licensed conveyancer and conveyancing solicitor in Whitehaven
Two types of professional can perform conveyancing in Whitehaven namely CLC regulated conveyancers or solicitors. The two can provide conveyancing services that you need to complete the disposal or acquisition of property. They are both duty bound to handle Whitehaven conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be properly carried out and that all requirements and steps will be correctly followed.
Have just purchased a repossessed house at auction in Whitehaven. Conveyancing is required. What are my next steps?
Having for in every practical sense signed on the dotted line you now have to retain a conveyancing practitioner soon as you are faced with a fast approaching a fixed date to complete the property. All auction property will have a bespoke legal set of papers. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the auction pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You must pass this on to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding organised to complete on the on the contractual date .
We previously chose conveyancing lawyers locally in Whitehaven on the UBS solicitor approved list. They are now charging me a supplemental sum for dealing with the UBS mortgage. Is this an additional conveyancing fee specified by UBS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer can levy a fee for this. This charge is not dictated by UBS but by your Whitehaven lawyer. Numerous firms on the UBS panel will levy an ‘acting for lender’ fee but many practices incorporate it on their overall fee.
2 months have elapsed since my purchase conveyancing in Whitehaven took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am downsizing from my property. My past solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Whitehaven if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Whitehaven. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
My mum and dad are unable to locate their Whitehaven land registry title on the website. They have a vague memory back in the 70’s when they bought the property there were complications with the address not being recognised in some systems.
Almost all properties in Whitehaven should appear. Have you endevoured to search to simply the postcode. Normally it should disclose all the houses and flats within the postcode. Where recorded it will show up with a title number. Where they bought back in the 70’s it's conceivable it may be not yet registered. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to locate the original title documentation which may be with your parent’s bank.