I am buying a house for cash in Downham. I have resided for the last Seventeen years in Downham. Conveyancing searches are expensive. Given that I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a home loan, then all but one or two of the Downham conveyancing searches are at your discretion. Your solicitor will try and sway you, perhaps strongly, that you should have searches completed, but she has a professional duty to take that path of advice. One thing to bear in mind; if you are intend to dispose of the house one day, it may be of relevance to your future purchaser what the searches contain. There are plenty of instances where houses with no practical issues can still throw up unfavourable search results. A competent conveyancing solicitor in Downham should provide you some sensible guidance in this regard.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Downham. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 29/11/2023, the requirements read as follows :
My wife and I are buying a flat in Downham. I might seem paranoid but how we can trust a solicitor? At some point we will need to deposit money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my mother sell her property in Downham. Will the conveyancer commission the EPC or it is for me to coordinate?
Following the demise of Home Packs, EPC’s was retained a compulsory component of moving house. An energy assessment must be commissioned in advance of the property being put on the market. This is not a task that lawyers ordinarily organise. If you are instructing a Downham conveyancing solicitor they may help arrange EPC’s due to their relationships with long established local providers
I am purchasing a property in Downham. A rare aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Principality your lawyer must follow the conveyancing instructions contained in Part two of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook stipulates minimum requirements for solar panel roof-space leases, and solicitors are required to report to Principality where a lease fails to comply with these specifications. The provisions relate to the installation of panels on properties nationwide and is not limited to Downham.
A friend recommended that where I am buying in Downham I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Downham conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Downham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Downham Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Downham Education with maps and statistics, Local Amenities and other useful information about Downham.
As co-executor for the will of my aunt I am selling a house in Cardiff but reside in Downham. My conveyancer (based 250 miles awayhas requested that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing solicitor in Downham to witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Downham based
My husband and I may need to let out our Downham garden flat temporarily due to a new job. We used a Downham conveyancing firm in 2001 but they have closed and we did not think at the time get any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
Some leases for properties in Downham do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
My wife and I have hit a brick wall in seeking a lease extension in Downham. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We can put you in touch with a Downham conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Downham property is Ravensbourne Lodge 4 Highland Road in February 2013. the Tribunal held that the amount payable for the freehold was £22,268