Should our conveyancer be raising enquiries about flooding as part of the conveyancing in Coombe Warren.

The risk of flooding is if increasing concern for lawyers dealing with homes in Coombe Warren. There are those who buy a house in Coombe Warren, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.

Lawyers are not qualified to offer advice on flood risk, but there are a various checks that can be carried out by the buyer or on a buyer’s behalf which can figure out the risks in Coombe Warren. The conventional set of information sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a usual inquiry of the seller to discover if the premises has ever been flooded. If the property has been flooded in past which is not disclosed by the vendor, then a purchaser may bring a claim for damages resulting from an misleading reply. The purchaser’s lawyers may also conduct an enviro report. This will higlight whether there is any known flood risk. If so, further investigations will need to be carried out.

Have purchased a a terraced house in Coombe Warren , how long should it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Coombe Warren conveyancing solicitor works at snail pace, so I want to check the registration formalities are concluded.

There is nothing unique about conveyancing in Coombe Warren registration formalities. Rather than based on location, timeframes can differ depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any other parties. Currently in the region of three quarters of such applications are fully addressed in less than three weeks but some can be subject to longer hold-ups. Historically registration takes place after the buyer is living at the property thus post completion formalities is not always primary concern but if it is urgent that the the registration takes place urgently then you or your conveyancer must contact the land registry and explain the circumstances.

I am looking for a leasehold apartment up to £305k and found one near me in Coombe Warren I like with a park and railway links nearby, the downside is that it only has 61 years on the lease. There is not much else in Coombe Warren suitable, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you require a mortgage that many years will be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.

I need to instruct a conveyancing solicitor for my conveyancing in Coombe Warren. I've discover a web site which seems to have the perfect solution If it is possible to get all formalities done via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

How and when do I incur the Stamp Duty Land Tax chargeable for my Coombe Warren property purchase?

Your conveyancer will complete a stamp duty return for you during your Coombe Warren conveyancing transaction for signature. After completion your conveyancing practitioner will submit your STL application to the Inland Revenue and - assuming they have the money - pay any land tax payable for you.