All was ready to complete my purchase in Marks Gate 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 lender. What risks does the bank expect the insurance to cover?
Any lawyer on acting for lenders 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 limited to conveyancing in Marks Gate.
Can your site be used to find a Conveyancing solicitor in Marks Gate even where I’m not buying or disposing of a house, for instance where I intend to acquire an office in Marks Gate with a loan from Bank of Ireland?
Our search tool is primarily utilised to get a quote from domestic conveyancing solicitors in Marks Gate but we have listed towards the end of this page some Marks Gate commercial conveyancing firms. You will need to speak with the solicitors directly to see if they are also authorised to represent Bank of Ireland
I have recentlydiscovered that Action Conveyancing have been shut down. They carried out my conveyancing in Marks Gate for a purchase of a leasehold flat 12 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest method to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Marks Gate conveyancing specialists.
About to purchase a new build flat in Marks Gate. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Marks Gate
-
The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are surveyor prepared.
I was advised by a number of estate agents in Marks Gate to select a solicitor using your seach tool. What’s the financial upside for Estate Agents to offer your services rather than alternative conveyancing organisations?
We don’t offer any financial incentive for sending work in our direction. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Living abroad I am unable to travel my Marks Gate conveyancing practitioners office to sign documents for conveyancing in Marks Gate – is this a problem?
You need not be concerned. Marks Gate conveyancing solicitors can conduct home moves for clients from a distance. It is not necessary for you to be able to visit a Marks Gate conveyancers office. They can deal with all communications via phone, post and email - whatever works for you.