Should our conveyancer be raising enquiries concerning flooding as part of the conveyancing in Montacute.

The risk of flooding is if increasing concern for lawyers conducting conveyancing in Montacute. There are those who acquire a property in Montacute, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Conveyancers are not best placed to give advice on flood risk, however there are a number of checks that may be carried out by the buyer or on a buyer’s behalf which will figure out the risks in Montacute. The conventional set of property information forms given to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the seller to determine if the property has ever been flooded. If the residence has been flooded in past which is not disclosed by the seller, then a purchaser may issue a legal claim for losses resulting from an incorrect response. A purchaser’s conveyancers may also order an environmental search. This should reveal whether there is a recorded flood risk. If so, further inquiries will need to be conducted.

Are there restrictive covenants that are commonly identified during conveyancing in Montacute?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Montacute. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

We're new on the property ladder - had an offer accepted, yet the estate agent informed us that the seller will only issue a contract if we use their recommended conveyancers as they want a ‘quick sale’. We would rather use a high street conveyancer who is familiar with conveyancing in Montacute

We suspect that the owner is unaware of this requirement. If they desire ‘a quick sale', alienating a serious purchaser is counter productive. Contact the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)but you will continue to instruct your own,trusted Montacute conveyancing lawyers - not the ones that will earn the estate agent a referral fee or achieve conveyancing figures demanded by senior management.

I am hoping to put an offer on a small detached house that seems to be perfect, at a great figure which is making it all the more appealing. I have since been informed that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Montacute. Conveyancing solicitors have not yet been instructed. Will they explain the issues?

The majority of houses in Montacute are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. We note that you are purchasing in Montacute so you should seriously consider looking for a Montacute conveyancing solicitor and check that they are used to advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the upkeep of the communal areas where the house is located on an estate. Your solicitor will report to you on the legal implications.

I bought a leasehold flat in Montacute, conveyancing having been completed in 2006. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Montacute with over 90 years remaining are worth £181,000. The ground rent is £55 yearly. The lease comes to an end on 21st October 2075

With 51 years unexpired the likely cost is going to range between £30,400 and £35,200 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.

How do I find the right lawyer for my conveyancing in Montacute ?

Option 1 is to ask the people you trust they would would seek assistance from. Second, use a search tool on the web for conveyancing in Montacute. Call two or three from the list and ask them to email you their conveyancing fees and speak to the lawyer who will handle your conveyancing before you make your choice. Option 3 is to make use of our search tool to help you find the right solicitors taking into account your unique factors including location,speed, complexity and who your intended lender is.Do not be fooled by lowest cost conveyancing solicitors in Montacute