All was ready to move into my new home in Onslow Village next Thursday. My solicitor now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What risks does the lender expect the insurance to cover?
All property lawyers 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 requirements. These requirements are not specific to conveyancing in Onslow Village.
We wanted to use a property lawyer in Onslow Village for our home move. Our broker has since advised us that our mortgage company Platform Home Loans Ltd won't deal with them. Why is this not regarded as unfair competition?
A mortgage company will direct that an approved solicitor act for it. You would be liable to bear the charges for this. Please make use of our tool to get a quote from a solicitor to conduct conveyancing in Onslow Village on the Platform Home Loans Ltd approved list of solicitors.
My wife and I are buying a apartment in Onslow Village. It might be a silly question but how we can trust a lawyer? At some point we will need to send our life savings into their account. What is the protection 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.
Does a directory service exist listing Santander panel solicitors in Onslow Village on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association sites. A small selection of lending institutions make their panel listings viewable online. If you are in need of a Onslow Village lawyer on the Santander please use our tool.
The formalities of my purchase has taken place for my property in Onslow Village. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
The deeds to our house can not be found. The solicitors who conducted the conveyancing in Onslow Village 4 years ago no longer exist. What do I do?
Assuming you have a registered title the details of your proprietorship will be documented by HMLR under a Title Number. It is easy to carry out a search at the Land Registry, identify your house and order current copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will in most cases retain a certified duplicate of the Registered Lease and again, a copy can be ordered for a small fee.
What does commercial conveyancing in Onslow Village cover?
Commercial conveyancing in Onslow Village covers a broad range of services, given by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.