I am hoping to move into my new home in Middleton St George 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 bank. What risks does the lender expect the insurance to cover?

All property lawyers on acting for mortgage companies 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 requirements. These requirements are not specific to conveyancing in Middleton St George.

Will conveyancers ask for money up-front for conveyancing in Middleton St George?

Where you are retaining lawyers for conveyancing in Middleton St George your solicitor will request that you put them with monies to cover the the cost of the conveyancing searches. Ordinarily this is asked for to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this should be asked for immediately ahead of exchange of contracts. Any further balance that is due should be sent to your lawyer shortly before completion.

My colleague suggested that where I am buying in Middleton St George I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is usually included in the estimate for your Middleton St George conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Middleton St George around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Middleton St George Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Middleton St George Education with maps and statistics, Local Amenities and other useful information regarding Middleton St George.

4 months have gone by following my purchase conveyancing in Middleton St George took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Is it the case that all Middleton St George law firms on every bank conveyancing panel?

The Lexsure search tool on this page may be of use or you can drop into your high street lender branch in Middleton St George. the probability is that they will be in a position to recommend some reputable conveyancing solicitors in Middleton St George