Due to move into my new home in Sandringham next Thursday. My property lawyer now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the lender 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 specific to conveyancing in Sandringham.
Can your site be used to recommend a Conveyancing solicitor in Sandringham even if I’m not purchasing or selling a house, for instance where I wish to buy an office in Sandringham with a mortgage from Platform Home Loans Ltd?
Our search tool is mainly there to get a quote from domestic conveyancing solicitors in Sandringham but we have set out towards the end of this page a selection of Sandringham commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they are also authorised to represent Platform Home Loans Ltd
I am purchasing a terraced house in Sandringham. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Sandringham you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Sandringham.
My wife and I have a 4 bedroom Georgian house in Sandringham. Conveyancing lawyer acted for me and Barclays Direct. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking Barclays Direct to clarify?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sandringham and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing practitioner who carried out the work.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Sandringham is where the house is located. Can you offer any guidance?
Flying freeholds in Sandringham are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sandringham you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandringham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What makes your site different to other online quote calculators when it comes to conveyancing in Sandringham?
At this site obtain a conveyancing quote from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Sandringham. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you instruct them for your conveyancing in Sandringham