How up to date is your database of Downham solicitors on the TSB conveyancing panel? Do TSB send you an updated list?
Downham conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
Should our conveyancer be making enquiries concerning flooding as part of the conveyancing in Downham.
Flooding is a growing risk for lawyers dealing with homes in Downham. There are those who purchase a property in Downham, completely aware 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 building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, but there are a number of checks that can be initiated by the purchaser or by their lawyers which can give them a better appreciation of the risks in Downham. The conventional set of property information forms supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) incorporates a usual question of the vendor to determine if the premises has suffered from flooding. In the event that flooding has previously occurred which is not disclosed by the vendor, then a buyer could issue a compensation claim as a result of such an inaccurate answer. The buyer’s lawyers may also conduct an environmental report. This will disclose if there is a recorded flood risk. If so, further inquiries will need to be made.
I'm purchasing a new build house in Downham with a loan from Lloyds TSB Bank. The builders refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent advised me not inform my lawyer about the deal as it could jeopardize my mortgage with Lloyds TSB Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Due to the advice of my in-laws I had a survey completed on a house in Downham in advance of appointing conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will not give a mortgage on such a home.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Downham. Conveyancing will be smoother if you use a solicitor in Downham especially if they are familiar with such properties in Downham.
What makes your site different to other online quote calculators when it comes to conveyancing in Downham?
At this site secure an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Downham. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you choose them for your conveyancing in Downham
Is planning consent necessary to convert a single dwelling into a couple of appartments in Downham? This has taken place to a property next door to my home in Downham and was unaware of it happening until after the works were complete.
Planning permission is required for converting a single dwelling in Downham into apartments but possibly not for reverting back to single dwelling-house so, in answer to your question, yes,a it is needed.