Due to move into my new home in Clayton next Friday. 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 risks does the bank 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 UK Finance Lenders’ Handbook conditions. These requirements are not limited to conveyancing in Clayton.

Should lawyers ask for an advanced payment when it comes to conveyancing in Clayton?

Where you are retaining lawyers for conveyancing in Clayton your lawyer will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is as part of the sale price then this should be asked for immediately before contracts are exchanged. The closing balance that is due should be sent to your lawyer shortly before completion.

My wife and I are buying a property in Clayton. It might be a silly question but how we can trust a conveyancer? At some point we have to send money into their account. What protection do we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Is it the case that all Clayton conveyancing solicitors on the Lloyds conveyancing panel are overseen by the SRA?

As solicitors, in order to be on the Lloyds conveyancing panel they would need to be regulated by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel in which case such firms would be overseen by the CLC.

Last month we had a mortgage agreed in principle with Clydesdale. Clayton conveyancing lawyers have been selected. What is the average time that one could expect to receive a mortgage offer from Clydesdale?

There is no definitive answer here. Have Clydesdale completed the survey? Have you informed Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

I'm buying a new build house in Clayton with a loan from Aldermore. The developers refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not reveal to my conveyancer about the extras as it will jeopardize my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer 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.

What makes your site different to alternative internet conveyancing brokers when it comes to conveyancing in Clayton?

At this site get a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Clayton. Unlike many estate agents and brokerage sites we do not have commission deals with solicitors. Some agents and online brokers 'recommend' solicitors paying the most per referral, rather than the best value conveyancing in Clayton