Do all mortgage companies provide you with an approved list of Aldersgate conveyancing solicitors? How do you know who is on the Barclays conveyancing panel?
Aldersgate conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
Should my conveyancer be making enquiries regarding flooding during the conveyancing in Aldersgate.
Flooding is a growing risk for solicitors dealing with homes in Aldersgate. There are those who acquire a house in Aldersgate, fully expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, however there are a various searches that can be initiated by the buyer or on a buyer’s behalf which will give them a better appreciation of the risks in Aldersgate. The conventional set of information given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a usual question of the vendor to determine whether the premises has suffered from flooding. If flooding has previously occurred which is not notified by the seller, then a buyer could commence a legal claim for losses as a result of such an incorrect reply. A purchaser’s lawyers should also commission an enviro search. This should reveal if there is any known flood risk. If so, further investigations should be carried out.
Due to the advice of my in-laws I had a survey completed on a house in Aldersgate in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some lenders may refuse to issue a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Aldersgate. Conveyancing will be smoother if you use a solicitor in Aldersgate especially if they are accustomed to such properties in Aldersgate.
How does the Landlord & Tenant Act 1954 impact my commercial offices in Aldersgate and how can you help?
The 1954 Act gives security of tenure to commercial lessees, giving them the right to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Aldersgate
There are a number of properties in Aldersgate on private lanes. I am purchasing one such house. Are there any benefits to purchasing a property on a private road?
Aldersgate conveyancing practices will be well versed in conveyancing houseson private. The property lawyer will investigate title to find any rights or liabilities. In many cases there is a residents association that proprietors pay into to maintain the road. Where there is one, the road will likely be maintained and look better than council adopted.