I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Downe. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 26/9/2020, the requirements read as follows :
What will a local search tell me concerning the property I am purchasing in Downe?
Downe conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Xpress Legal The local search plays an important part in many a Downe conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I used Stirling Law several years ago for my conveyancing in Downe. Now, I need my files however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate 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 Downe of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build flat in Downe. Conveyancing is a frightening process 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.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Downe
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the guidance of my in-laws I had a survey completed on a house in Downe prior to retaining solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some banks tend not give a loan on a flying freehold property.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Downe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Downe to see if the conveyancing costs will increase in light of this.
In searching the internet for the phrase conveyancing in Downe it reveals numerous conveyancersin the vicinity. How do I determine which is the right conveyancing solicitor for my move?
The ideal method of finding a suitable conveyancer is via personal recommendation, so seek the guidance of friends and those you trust who have acquired a property in Downe or a local estate agent or mortgage broker. Costs for conveyancing in Downe differ, so it's advisable to request a minimum of three costs illustrations from different solicitors. Dont forget to clarify that the charges are guaranteed not to rise.