I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Harrow on the Hill. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/11/2024, the requirements read as follows :

I used Arc property Solicitors several years past for my conveyancing in Harrow on the Hill. Now, I need the files but the law firm is no longer operating. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Harrow on the Hill of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I'm purchasing my first flat in Harrow on the Hill with a mortgage from HSBC Bank. The developers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not inform my conveyancer about the extras as it could adversely affect my loan with HSBC Bank. Is this normal?.

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.

Due to the input of my in-laws I had a survey completed on a property in Harrow on the Hill in advance of retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will refuse to give a mortgage on such a premises.

It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Harrow on the Hill. Conveyancing may be slightly more expensive based on your lender's requirements.

My company is wishing to take over a lease of an office on the high street. Can you recommend conveyancers offering competitive costs for non-domestic conveyancing in Harrow on the Hill for below £1,200?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Harrow on the Hill, including the sale and acquisition of businesses as well as simply property. If you are intending to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right lawyer. As for the costs this will depend on the structure and terms of the deal. Please provide us with your contact information or telephone us so that we can provide you with a detailed commercial conveyancing quote.