We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Proof of insurance on leasehold property
andrewh82
Posts: 6 Forumite
I'm in the middle of buying a leasehold flat. My conveyancer is asking for proof of buildings insurance for the property so they know it is insured before I move in.
As it's leasehold, buildings insurance is already taken care of by the landlord as part of the service charge. Does anyone know who I should ask to get hold of this information?
As it's leasehold, buildings insurance is already taken care of by the landlord as part of the service charge. Does anyone know who I should ask to get hold of this information?
0
Comments
-
I'm in the middle of buying a leasehold flat. My conveyancer is asking for proof of buildings insurance for the property so they know it is insured before I move in.
As it's leasehold, buildings insurance is already taken care of by the landlord as part of the service charge. Does anyone know who I should ask to get hold of this information?
you ask the managing agent.
Or alternatively you go through all your correspondence and dig out the copy that you have already sent you - you do, of course, keep this stuff, don't you?
tim0 -
I'd expect your conveyancer to request this from the freeholder or his managing agent as part of the usual leasehold enquiries.
Has he explained why you are expected to do this?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
kingstreet wrote: »I'd expect your conveyancer to request this from the freeholder or his managing agent as part of the usual leasehold enquiries.
Has he explained why you are expected to do this?
the process is: buyer's solicitor asks vendor's solicitor to ask MA (or vendor) to do this.
Though knowing that it will be asked for, many vendor's solicitors will pre-empt the request
tim0 -
As others have said here, this is something that your solicitor/conveyancer should request as part of the purchasing process. If he/she is asking you to source such documents yourself, find another solicitor fast as this is what you are paying them for.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
As others have said here, this is something that your solicitor/conveyancer should request as part of the purchasing process. If he/she is asking you to source such documents yourself, find another solicitor fast as this is what you are paying them for.
you've obviously been taking to my vendor, and TBH her attitude annoyed me so much I nearly walked
If you have the documents in your communication folder why make the buyer wait 6 weeks for a copy? (and gain yourself a bill that you have to pay)
tim0 -
Tim you do realise that when buying a leasehold property that you don't get to see or have any documents pertaining to it until the buying process is under way & your solicitor makes a request for it via the vendor's solicitor, don't you? Doesn't sound as if you're too familiar with purchasing leasehold.
Most managing agents or freeholders have a charge for passing on the information relating to the lease, including buildings insurance etc, so it doesn't come free & tends to only really be released to a solicitor or conveyancer.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
I've bought lots of freehold properties.
Sorry I thought you were talking about the position of the vendor here.
I now see that it is still the buyer you were talking about0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards