I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Toton. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/12/2024, the requirements read as follows :
We are planning to move home in January. Should my conveyancing solicitor call the removal company on the day of completion. As an aside, can you suggest a removal company in Toton. Conveyancing firm was organised before I stumbled across your website.
On the day of completion you will need to pick up the house keys from the estate agent however this should only take place once the previous owners conveyancers inform the agent that the monies to complete are in and the keys can be released. You will need to tell the removal men that they can start moving you in. We do not recommend a particular removal company but can assist you in finding a conveyancing in Toton or a firm that specialises in conveyancing in Toton.
We previously instructed conveyancers located in Toton on the UBS solicitor panel. They are now charging me a separate amount for handling the UBS mortgage. Is this an additional conveyancing fee set by UBS?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. The charge is not set by UBS but by your Toton solicitor. Some firms on the UBS panel will charge ’dealing with mortgage’ fee and others do not.
I have finally had an offer on an apartment in Toton agreed to, but there is a chain. The sellers have offered on on an apartment, but it’s not yet agreed to, and have viewings of other properties booked. I have instructed a bricks and mortar conveyancing solicitor in Toton. What do I do now? When do I get the mortgage application with Co-operative going?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx £1k, then valuation, Toton conveyancing search charges, etc). The first thing to do is ensure that your solicitor is on the Co-operative approved list. Concerning the next stages this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. In a hot market the majority of home buyers would apply for the mortgage with Co-operative and arrange for the valuation and only if it was satisfactory would they pay their property lawyer to proceed with the conveyancing in Toton.
I know that there are debates on Chancel Insurance on online forums. Do I require this when buying a residence in Toton? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this appropriate for conveyancing in Toton?
Unless a prior purchase of the property took place after 12 October 2013 you may assume that lawyers conducting conveyancing in Toton to continue to advocate a chancel search and or insurance against a claim.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Toton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Toton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Toton you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Toton may determine 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 residence.
We're novice buyers - had an offer accepted, but the selling agent advised that the seller will only proceed if we instruct the agent's preferred solicitors as they need a ‘quick sale’. My instinct tells me that we should use a family conveyancer used to conveyancing in Toton
It is improbable the owners are driving this. If they require ‘a quick sale', taking such a hostile approach to a genuine buyer is counter productive. Contact the vendors directly and explain that (a)you are genuine buyers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Toton conveyancing firm - rather thanthe ones that will provide their negotiator at the agency a commission or achieve conveyancing targets pre-set by head office.