Due to move into my new home in Tintagel next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the mortgage company 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 Part 2 conditions. These obligations are not specific to conveyancing in Tintagel.
It is 10 years ago since I acquired my home in Tintagel. Conveyancing lawyers have recently been retained on the sale but I can't find my title deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly there is a chance that the deeds will be with your lender or they could be in the possession of the solicitor who handled your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Most conveyancing in Tintagel relates to registered property but in the rare situation where your property is unregistered it is more of a problem but is resolvable.
I am downsizing from my house. My previous solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Tintagel if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Tintagel. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
My brother has recommend that I instruct his lawyers for conveyancing in Tintagel. Should I choose my own conveyancer?
There are no two ways about it it’s preferable to find a conveyancing lawyer is to get guidance from friends or family who have actually previously instructed the solicitor that you are considering.
Me and my wife have just had an offer accepted on a house and had an appointment on Wednesday with Leeds Building Society for the mortgage. They have informed me that when it comes to appointing a lawyer that unless they are on their approved panel of lawyers then we will incur an extra charge of £200. This is because they will then have to appoint a property lawyer to act on their behalf as well as the one we choose to act on our behalf and we assume responsibility for their costs. I have asked Leeds Building Society to furnish me with a list so I can seek quotes only from their approved lawyers but was told they dont have such a list to hand over. Is there a simple way of finding out who is on a lender panel?
Ask Leeds Building Society what their panel criteria is for a conveyancer.Then ask the solicitor of your choice whether they fit that criteria and have they acted on mortgages for Leeds Building Society in the past. Where the answer to those is yes, then just double check with Leeds Building Society. Another option is to utilise our search tool and we may be able to locate a conveyancer in Tintagel on the approved list for Leeds Building Society.