Will my conveyancer be making enquiries about flooding as part of the conveyancing in Southville.

Flooding is a growing risk for solicitors specialising in conveyancing in Southville. Some people will acquire a house in Southville, fully expectant 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 dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Solicitors are not qualified to impart advice on flood risk, however there are a numerous checks that may be carried out by the purchaser or on a buyer’s behalf which should figure out the risks in Southville. The standard information supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) includes a standard question of the seller to find out whether the property has ever been flooded. In the event that flooding has previously occurred which is not revealed by the owner, then a purchaser may bring a claim for damages as a result of such an incorrect reply. A purchaser’s solicitors should also conduct an enviro search. This will reveal whether there is a recorded flood risk. If so, further investigations should be made.

I have recentlydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Southville for a purchase of a leasehold flat 12 months ago. How can I check that my home is registered correctly in the name of the previous owner?

The easiest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Southville conveyancing specialists.

How does conveyancing in Southville differ for new build properties?

Most buyers of new build or newly converted property in Southville approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because builders in Southville usually 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 property lawyers 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 Southville or who has acted in the same development.

I am using a search engine for the phrase cheap conveyancing in Southville it brings up many conveyancersin the area. With so much choice what is the best way to find the suitable conveyancer for the sale of my house?

The best method of choosing the right conveyancer is via personal recommendation, so ask friends and family who have acquired a property in Southville or a local estate agent or mortgage broker. Fees for conveyancing in Southville differ, so it's advisable to request at least four fee estimates from different companies. Be sure to seek confirmation what costs in the quote includes.

Do you have any top tips for leasehold conveyancing in Southville with the aim of saving time on the sale process?

• A significant proportion of the delay in leasehold conveyancing in Southville can be reduced where you appoint lawyers the minute you market your property and request that they start to collate the leasehold information which will be required by the purchasers’ lawyers.
If there is a history of any disputes with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be nervous about purchasing a flat where a dispute is ongoing. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to present the dispute as over as opposed to ongoing. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Southville state that internal structural changes or installing wooden flooring necessitate a licence issued by the Landlord acquiescing to such changes. Where you fail to have the consents in place do not communicate with the landlord without contacting your lawyer before hand. You may think that you are aware of the number of years remaining on your lease but it would be wise to verify this by asking your conveyancers. A buyer’s lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is under 75 years. It is therefore important at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. Many landlords or Management Companies in Southville levy fees for providing management packs for a leasehold premises. You or your lawyers should enquire as to the actual amount of the charges. The management information can be applied for on or before finding a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Southville.

Leasehold Conveyancing in Southville - Sample of Queries before Purchasing

This information is useful as a) areas may cause problems for the building as the communal areas may begin to deteriorate where services are not paid for b) if the leaseholders have a dispute with the running of the building you will need to have all the details The prefered form of lease arrangement is a share of the freehold. In this arrangement the lessees benefit from control and even though a managing agent is usually retained where it is bigger than a house conversion, the managing agent employed by the leaseholders. For many Southville leaseholds the outlay for major works tend not to be included within maintenance charges, albeit that some managing agents in Southville ask leaseholders to pay into a sinking fund created for the specific purpose of establishing a fund for larger works.