Should my lawyer be asking questions concerning flooding as part of the conveyancing in Alton.
Flooding is a growing risk for conveyancers dealing with homes in Alton. Plenty of people will purchase a property in Alton, completely aware that at some time, it may be flooded. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the premises. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, however there are a various searches that may be undertaken by the buyer or on a buyer’s behalf which can figure out the risks in Alton. The standard information supplied to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard inquiry of the seller to determine if the premises has suffered from flooding. If flooding has previously occurred and is not notified by the owner, then a purchaser may issue a legal claim for losses stemming from an inaccurate reply. The purchaser’s solicitors should also commission an environmental search. This should reveal if there is a recorded flood risk. If so, further inquiries will need to be made.
three months have gone by following my purchase conveyancing in Alton concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Alton is the location of the property. What do you suggest?
Flying freeholds in Alton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Alton you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Alton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
What tools are available to identify a Alton solicitor on the Halifax conveyancing panel? I have a car and am prepared to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the facility on this page. Please choose the mortgage company and your location and you will see a number of Alton conveyancing lawyers based on proximity. We have listed some Alton conveyancing firms towards the end of this page and you can call them to see whether they are on the Halifax member panel
I have been sourcing a conveyancing practitioner in Alton for my purchase. Is there any facility to check a solicitor's complaints history with the profession’s regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes recorded call for training purposes.
I'm selling a property in Alton. I have found my conveyancer's company on the Law Society's list, but I can't see my conveyancer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the company must be listed by the regulator. Provided there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unqualified staff.