Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Tiptree. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/8/2025, the requirements read as follows :
I have justbeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Tiptree for a purchase of a leasehold flat 18 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The quickest method to see if the property is in your name, you can make 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 Tiptree conveyancing specialists.
How does conveyancing in Tiptree differ for new build properties?
Most buyers of new build residence in Tiptree come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because new home sellers in Tiptree tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Tiptree or who has acted in the same development.
I am looking for a leasehold apartment up to £195,000 and identified one near me in Tiptree I like with open areas and station in the vicinity, however it only has 61 years unexpired on the lease. There is not much else in Tiptree in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage that many years may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
What does commercial conveyancing in Tiptree cover?
Non domestic conveyancing in Tiptree incorporates a wide range of advice, offered by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
In my capacity as executor for the will of my grandmother I am disposing of a residence in Neath but reside in Tiptree. My conveyancer (who is 235 miles from merequires that I execute a stat dec prior to completion. Can you recommend a conveyancing lawyer in Tiptree to witness this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Tiptree based