My partner and I have recently bought a property in Parkstone. We have noticed several issues with the property which we believe were missed in the conveyancing searches. What action can we take? What searches should? have been ordered for conveyancing in Parkstone?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Parkstone. Conveyancing searches and due diligence initiated as part of the buying process are supposed to help avoid problems. As part of the process, a seller completes a questionnaire called a SPIF. answers turns out to be incorrect, you could possibly take legal action against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Parkstone.
In what way does my ID and proof of funds have anything to do with my conveyancing in Parkstone? Is this really warranted?
To satisfy the Money Laundering Regulations any Parkstone conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility bill showing where you live.
In accordance with Money Laundering Regulations, conveyancing solicitors are obliged by law to ascertain not simply the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will result in your solicitor ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to notify the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Parkstone. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 5/3/2026, the requirements read as follows :
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Parkstone?
There are two types of lawyers who can execute conveyancing in Parkstone namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the sale or acquisition of property. Both are required to handle Parkstone conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be professionally conducted and that all necessary procedures will be suitably adhered to.
I'm the only beneficiary of my late grandmother’s will with all property in now in my sole name, including the my former home in Parkstone. The Parkstone property was put into my name in February. I plan to dispose of the property. I do know about the CML six month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the property in February. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. many lenders would take a sensible view as this requirement is primarily there to capture subsales or the quick reselling of property.
I can not fathom if my bank requires a lease extension. I have called my Parkstone building society branch on numerous occasions and was told it does not affect the mortgage offer and they would lend. My Parkstone conveyancing solicitor - who is on the bank conveyancing panel- called and was told they will not lend in accordance with their specific requirements. I have no idea who is right.
As long as the solicitor is on the mortgage company approved list, they must follow the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have recently realised that I have 72 years remaining on my flat in Parkstone. I now wish to extend my lease but my landlord is missing. What are my options?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to demonstrate that you have used your best endeavours to find the lessor. On the whole a specialist may be helpful to try and locate and to produce a report to be used as evidence that the landlord can not be located. It is wise to seek advice from a solicitor in relation to proving the landlord’s absence and the application to the County Court covering Parkstone.
I invested in buying a garden flat in Parkstone, conveyancing was carried out in 2010. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Parkstone with an extended lease are worth £216,000. The ground rent is £50 invoiced annually. The lease ceases on 21st October 2095
With 69 years unexpired we estimate the price of your lease extension to span between £9,500 and £11,000 as well as legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
Me and my wife are first time buyers just having agreed a price on a property in Parkstone, and are about to get solicitors instructed. I have utilised the various rating based websites and the fee estimates are from all over the England and Wales. Is it advisable to have a Parkstone solicitor local to the prospective new home? I am fine to do all the communicating electronically, but I guess at some stage we will be required to physically go into the solicitor's office to sign documents?
The solicitor does not have to be in Parkstone, but opting for local means that you can go in if you need to, by way of example, if a signature is immediately necessary. Also, a Parkstone solicitor is likely to be familiar with local agents and (if the vendor has instructed a local conveyancer) with them, which will help keep things moving faster.