Building safety act

JustinTime19
JustinTime19 Posts: 85 Forumite
Fifth Anniversary 10 Posts Name Dropper
edited 30 April 2024 at 7:53AM in Mortgages & endowments
I have a leasehold flat in a 5 storey building but have no cladding etc.

I am currently up for sale and after calling several conveyancers finding it difficult to find conveyancers who will quote.

I came across one conveyancer who wanted £500+vat 

What information should I expect that I need to provide as part of the process.

Comments

  • ACG
    ACG Posts: 24,422 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Why not ask them? 
    I am a Mortgage Adviser
    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.
  • I did approach a couple of mortgages companies and they said it depends on the conveyancers report to us.

    I thought I would reach out to see if someone has experience of this already.

    Thanks for your help though !
  • ACG
    ACG Posts: 24,422 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Your asking the wrong people, ask the conveyancer what they need. 
    People on here will likely miss something off, the public facing people at the lenders wont know, neither will brokers. The only people who can give the answer is the conveyancer. 
    I am a Mortgage Adviser
    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.
  • Or someone who has recently gone through the process. Appreciate your thought process on this but interesting to hear someone's experience and what information they were asked to provide (I know the info required will vary depending on mortgage company etc)
  • ACG
    ACG Posts: 24,422 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Out of curiosity, why are you so against asking them? Am I missing something? I have to be honest in that anything other than that just seems crackers. You would have had your answer by now. 
    I am a Mortgage Adviser
    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.
  • MWT
    MWT Posts: 9,946 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    I'd have to agree with ACG, easier to just ask the question from the one source that can give a definitive answer, but if you want to find others in a similar situation you may have more luck on the House Buying/Selling forum...

  • JustinTime19
    JustinTime19 Posts: 85 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 1 May 2024 at 5:12AM
    ACG said:
    Out of curiosity, why are you so against asking them? Am I missing something? I have to be honest in that anything other than that just seems crackers. You would have had your answer by now. 
    I haven't sold yet but trying to preempt what is required. Conveyancers won't talk to you about this until your on their books and conveyancers who do building safety act arent as common as they should be. I was hoping someone on this forum had experience of this that could provide insight - nvm thanks anyway
  • ACG
    ACG Posts: 24,422 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    But it will sell at some point, so why not open a file and get the list? 
    Its not like it will be wasted money. 

    I will bow out here, you seem very much against the idea so I suppose me going on wont change anything. Best of luck. 
    I am a Mortgage Adviser
    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.
  • BarelySentientAI
    BarelySentientAI Posts: 2,448 Forumite
    1,000 Posts Name Dropper
    https://www.lawsociety.org.uk/topics/property/building-safety-act-2022-guide-for-conveyancers

    If you want to know what they might ask for - here's what the law society tells them to think about.

    TA7, LPE1, leaseholder/landlord certificates are the most common.
  • JustinTime19
    JustinTime19 Posts: 85 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    https://www.lawsociety.org.uk/topics/property/building-safety-act-2022-guide-for-conveyancers

    If you want to know what they might ask for - here's what the law society tells them to think about.

    TA7, LPE1, leaseholder/landlord certificates are the most common.
    Thank you this is really helpful !
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