My mortgage broker has requested my Upper Clapton law firm’s panel reference for the Santander conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local Upper Clapton office but they don't know it.
The sensible thing to do is ask for this information from your Upper Clapton conveyancing practitioner . They keep a central record lender panel numbers.
I am hoping to complete my purchase in Upper Clapton next Tuesday. 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 bank. What does the insurance need to cover?
All property lawyers 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 UK Finance Lenders’ Handbook requirements. These requirements are not limited to conveyancing in Upper Clapton.
We see that you have a post code search directory identifying law firms on the Aldermore conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Upper Clapton?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Upper Clapton.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Upper Clapton. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 12/1/2020, the requirements read as follows :
We are downsizing from our property in Upper Clapton and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a web based conveyancing practice as opposed to a conveyancing solicitor in Upper Clapton. We have lived in Upper Clapton for three years we know of no issue. Should we contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I own a 4 bedroom Victorian property in Upper Clapton. Conveyancing solicitor represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be 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 Upper Clapton and other locations in 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 buyers. You can also check the situation with your conveyancing practitioner who carried out the work.