Will my conveyancing lawyers need to check that the building insurance when buying a house in Burgess Hill. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/12/2024, the requirements read as follows :

I have recentlyfound out that Action Conveyancing have closed. They conducted my conveyancing in Burgess Hill for a purchase of a leasehold apartment 18 months ago. How can I establish that my home is registered correctly in the name of the previous owner?

The easiest way to check if the property is registered to you, 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 Burgess Hill conveyancing specialists.

I'm purchasing my first flat in Burgess Hill with a mortgage from Santander. The builders refused to budge the price so I negotiated 6k of extras instead. The house builders rep told me not reveal to my solicitor about this side-deal as it could impact my loan with Santander. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Burgess Hill is where the house is located. Can you shed any light on this issue?

Flying freeholds in Burgess Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Burgess Hill you would need to get your solicitor to go 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 Burgess Hill may decide 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 premises.

My husband and I are new to the buying process - agreed a price, yet the property agent informed us that the vendor will only move forward if we instruct the agent's chosen conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Burgess Hill

We suspect that the seller is not behind this ultimatum. If they want ‘a quick sale', alienating a motivated buyer is counter productive. Try to communicate with the sellers directly and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you intend to use your preferred Burgess Hill conveyancing lawyers - as opposed tothose that will earn the estate agent a referral fee or meet his conveyancing thresholds demanded by corporate headquarters.