Due to complete my purchase in Denmark Hill next Monday. My conveyancer now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the lender. What risks does the bank expect the insurance 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 Part 2 conditions. These requirements are not specific to conveyancing in Denmark Hill.
We note that you have a search directory identifying firms on the Nationwide conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Denmark Hill?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Denmark Hill.
A friend advised me that where I am purchasing in Denmark Hill I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Denmark Hill conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Denmark Hill around the property and the people living there. It includes 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 Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information about Denmark Hill.
I used Action Conveyancing several years ago for my conveyancing in Denmark Hill. Now, I need my files however cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Denmark Hill of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Denmark Hill. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Denmark Hill
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
My wife and I are disposing of a Denmark Hill house we inherited six years ago in 2011. I have over a decades worth of conveyancing experience and, now retired, see no reason not to undertake my own conveyancing. The buyer's property lawyer has informed me that their Lenders will not allow us to do our own conveyancing requiring the funds to be passed via a solicitor's bank account.
Lending requirements to conveyancers from all CML members specify that If the seller does not have legal representation the borrower's lawyers should check whether the mortgage company needs to be told so that a decision can be reached as to whether or not they are prepared to proceed.