My wife and I are due to complete buying a property in Borough Green but as a result of wreckage from the recent storms I have managed to agree compensation from the vendor in the sum of £3k in the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process but Skipton will not agree to this. Should they have been notified?

The property lawyer being on a Skipton approved list is obliged to disclose to Skipton of any variations to the sale price. If you were to refuse your conveyancing practitioner to notify the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new conveyancing practitioner for your conveyancing in Borough Green.

Should our solicitor be making enquiries concerning flooding during the conveyancing in Borough Green.

Flooding is a growing risk for lawyers dealing with homes in Borough Green. Some people will acquire a house in Borough Green, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.

Solicitors are not best placed to give advice on flood risk, however there are a number of searches that can be undertaken by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Borough Green. The standard information supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the owner to discover whether the property has suffered from flooding. If flooding has previously occurred which is not notified by the seller, then a buyer may issue a compensation claim resulting from an incorrect reply. A buyer’s solicitors may also carry out an enviro search. This should indicate if there is a recorded flood risk. If so, further inquiries will need to be conducted.

How does conveyancing in Borough Green differ for new build properties?

Most buyers of new build residence in Borough Green come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Borough Green typically buy the site, 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 used to new build conveyancing in Borough Green or who has acted in the same development.

Having had my offer accepted I require leasehold conveyancing in Borough Green. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.

If the lease is recorded at the land registry - and 99.9% are in Borough Green - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Borough Green Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing

Most Borough Green leasehold flats will incur a service charge for maintenance of the building levied by the landlord. Should you purchase the property you will have to meet this liability, usually quarterly accross the year. This could differ from several hundred pounds to thousands of pounds for bigger purpose-built buildings. In all probability there will be a rentcharge for you to pay yearly, this is usually not a large sum, say around £25-£75 but you need to enquire it because sometimes it can be surprisingly expensive. Who is in charge of the building?

Finally, a loan offer from a bank for the refinancing of my 2 bedroom maisonette is to be issued any day now. Are you able to recommend a low cost remortgage conveyancing solicitor in Borough Green ?

You are on the wrong site if you are in need of the lowest fares for conveyancing solicitors in Borough Green. Our goal is to offer value for money conveyancing but our intention is not to advertise as being the cheapest. Do not be fooled by brokers offering £99 conveyancing in Borough Green.At best, in opting for cheap conveyancing, you will end up with what you pay for and at worst you will end up invoiced for additional fee and still not get the service you were hoping for.