I have just been advised by my lender that my Temple property lawyer is not on the mortgage company Conveyancing panel. What can I do to be sure if this is correct?

The first thing you need to do is to contact your Temple lawyer directly. You lawyer should notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.

I am hoping to complete my purchase in Temple next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the mortgage company 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 UK Finance Lenders’ Handbook requirements. These requirements are not specific to conveyancing in Temple.

I have todaydiscovered that Action Conveyancing have been shut down. They carried out my conveyancing in Temple for a purchase of a freehold house 10 months ago. How can I establish that my home is in my name in the name of the previous owner?

The easiest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Temple conveyancing specialists.

How does conveyancing in Temple differ for newly converted properties?

Most buyers of new build property in Temple approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is built. This is because developers in Temple usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Temple or who has acted in the same development.

Please specify the differing property law services that Temple conveyancing organisations deal with?

Most Temple conveyancing firms can handle a broad spectrum of legal advice to home and land proprietors, sellers, first time buyers, freeholders and tenants such as:

Standard residential sale conveyancing in Temple and across the country Property purchase conveyancing in Temple and nationwide Buying through Right to Buy (RTB) or Right to Acquire (RTA) schemes Shared equity purchase (part buying and part renting) Advice on purchasing property as co-owners Amanah Compliant Finance including sales, purchases and refinances