Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Caddington. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/5/2025, the requirements read as follows :
I just acquired a property at auction in Caddington. Conveyancing is needed. What are my next steps?
Having exchanged you now have to instruct a conveyancing lawyer as a matter of priority as you now have a tight deadline in which to complete the conveyancing. An auction property will ordinarily have an associated legal set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold property the legal pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You must pass this on to the conveyancer working for you ASAP. You also need to ensure that your finances are in order to complete on the date specified in the contract.
My partner and I have arranged the release of further funds on our mortgage from TSB as we want to carry out alterations to our property in Caddington. Are we obliged to appoint a local Caddington solicitor on the TSB conveyancing panel to handle the paperwork?
TSB don't usually instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB conveyancing panel.
I'm at the point of viewing flats in Caddington and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a mortgage with Aldermore.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are seeking a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
A colleague advised me that if I am buying in Caddington I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Caddington conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Caddington around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Caddington Education with plans and statistics, Local Amenities and other useful information about Caddington.
I decided to have a survey done on a property in Caddington prior to retaining lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some banks will not issue a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you e-mail us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Caddington. Conveyancing will be smoother if you use a solicitor in Caddington especially if they regularly deal with such properties in Caddington.
What does commercial conveyancing in Caddington cover?
Non domestic conveyancing in Caddington covers a broad array of guidance, given by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Our solicitor in Caddington has identified a a problem with the lease for the flat we are purchasing in Caddington. The other side have suggested title insurance as a workaround. We are content with insurance and will pay for it. Our lawyer has advised that as he is on the bank conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. A precondition to being on the lender approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.