Due to move into my new home in Timsbury next Monday. My conveyancing practitioner now wants me to supply her with proof 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 lender. What risks does the lender expect the insurance to cover?
Any lawyer on acting for banks 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 Timsbury.
We are aiming to move house in March. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Timsbury. Conveyancing firm was chosen before I stumbled across your website.
On the afternoon of completion you will need to collect the house keys from the estate agent however this can only take place when the sellers lawyers inform the agent that they have the completion monies and the keys can be handed over. After that you should advise the removal company that they can start moving you in. We are not in a position to recommend a particular removal company but can help you choose a residential property solicitor in Timsbury or a firm with expertise in conveyancing in Timsbury.
How can we tell if a Timsbury conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Timsbury getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer carrying out your conveyancing.
I have decided to exercise my right to buy my property in Timsbury off the council. I have a mortgage offer with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I need some fast conveyancing in Timsbury as I am under a deadline to complete in less than one month. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a cash purchaser you are at free not to do searches although no conveyancer would suggest that you don't. With plenty of history conveyancing in Timsbury the following are examples of what can show up and adversely affect future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
How does conveyancing in Timsbury differ for new build properties?
Most buyers of new build property in Timsbury come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Timsbury tend to purchase the land, 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 conveyancing solicitors 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 Timsbury or who has acted in the same development.
For various reasons I cannot attend my Timsbury conveyancing solicitors office to execute documents for conveyancing in Timsbury – is this a problem?
Not a problem. Timsbury conveyancing lawyers can handle home moves for clients who are based anywhere. It is not necessary for you to be able to attend a Timsbury conveyancers office. Almost all lawyer can deal with everything via phone, post and email - whatever works for you.