Would the conveyancing practitioners identified through your search tool conduct auction conveyancing in Gidea Park?

There are a few niche solicitors we can put you in touch with those specialising in auction conveyancing. Gidea Park is one of hundreds of areas of in which our lawyers have a presence.

I am buying a garden flat in Gidea Park. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Gidea Park you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Gidea Park.

Should my solicitor be raising questions about flooding as part of the conveyancing in Gidea Park.

The risk of flooding is if increasing concern for conveyancers conducting conveyancing in Gidea Park. Plenty of people will acquire a property in Gidea Park, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Conveyancers are not qualified to offer advice on flood risk, however there are a number of searches that may be undertaken by the purchaser or by their lawyers which will figure out the risks in Gidea Park. The conventional set of information given to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the vendor to discover whether the property has suffered from flooding. If the residence has been flooded in past and is not notified by the owner, then a purchaser could issue a compensation claim stemming from an misleading response. The purchaser’s solicitors will also commission an enviro search. This will reveal whether there is any known flood risk. If so, additional investigations should be made.

I am looking for a flat up to £305k and identified one close by in Gidea Park I like with amenity areas and station nearby, however it's only got 61 years on the lease. There is not much else in Gidea Park in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?

If you need a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

I have been advised by a few property agents in Gidea Park to select a property lawyer on your site. What’s the financial advantage for Estate Agents to recommend your lawyers over another?

We don’t offer any financial incentive for sending work in our direction. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.