I am purchasing a new build flat in Seaburn. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Seaburn you will have to appoint a solicitor on your bank'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 Seaburn.

Will my lawyer be making enquiries regarding flooding as part of the conveyancing in Seaburn.

The risk of flooding is if increasing concern for lawyers dealing with homes in Seaburn. There are those who buy a property in Seaburn, fully expectant that at some time, it may be flooded. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the purchaser.

Lawyers are not qualified to offer advice on flood risk, but there are a various checks that may be initiated by the buyer or on a buyer’s behalf which will figure out the risks in Seaburn. The standard information given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual question of the owner to find out if the property has historically flooded. If flooding has previously occurred and is not notified by the vendor, then a purchaser may commence a legal claim for losses resulting from an incorrect answer. A buyer’s lawyers will also conduct an enviro report. This should reveal whether there is any known flood risk. If so, additional investigations should be made.

I am purchasing a new build house in Seaburn with a loan from Norwich and Peterborough Building Society. The developers refused to reduce the amount so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not disclose to my conveyancer about this deal as it may jeopardize my loan with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I have been on the look out for a leasehold apartment up to £245,000 and found one close by in Seaburn I like with amenity areas and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Seaburn in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a home loan that many years will likely be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.

How do I search for a Seaburn solicitor on the Barclays conveyancing panel? I drive a motor bike and am happy to travel upto 10miles to meet the lawyer.

You can use the facility on this page. Please select a bank and your location and you will see a number of Seaburn conveyancing lawyers based on proximity. We have listed some Seaburn conveyancing firms at the bottom of this page and you can call them to verify if they are on the Barclays member panel