My fiancee and I are buying our first home. The conveyancing practitioner has messagedto enquire if we wish to purchase supplemental conveyancing searches. We are really unsure what's needed for conveyancing in Great Linford
The extent of Great Linford conveyancing searches should be triggered based primarily on the property, the location, the probability of any of these risks, your knowledge of the area and risks, your general appetite to risk. What matters is that you adequately comprehend what information each search could give you. You may then decide if you personally think you need that information. Should you be unsure, ask your solicitor to offer guidance.
We are looking to buy a property and need a conveyancing solicitor in Great Linford who is on the RBS solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Great Linford.
I have 71 years remaining on my lease and require a lease extension for my flat in Great Linford. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 23/9/2022 the requirements read as follows :
Will our solicitor be making enquiries regarding flooding during the conveyancing in Great Linford.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Great Linford. Some people will buy a house in Great Linford, completely expectant 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 obtain a mortgage, satisfactory building insurance, or dispose of the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, however there are a number of checks that can be carried out by the purchaser or on a buyer’s behalf which will figure out the risks in Great Linford. The standard property information forms sent to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the seller to determine if the property has suffered from flooding. If the residence has been flooded in past and is not notified by the seller, then a purchaser may bring a compensation claim stemming from an misleading answer. A purchaser’s lawyers should also order an enviro search. This will higlight if there is any known flood risk. If so, further inquiries should be conducted.
The deeds to my property are lost. The solicitors who did the conveyancing in Great Linford 4 years ago no longer exist. What are my options?
In today’s world there are copies made of almost everything, and your conveyancer will know precisely where to locate all the relevant documentation so you can purchase or sell your property without any difficulty. Where copies are not available, your lawyer can put in place insurance or indemnities protecting you against future claims on your property.
I decided to have a survey completed on a house in Great Linford ahead of instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend refuse to grant a loan on this type of home.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Great Linford. Conveyancing may be slightly more expensive based on your lender's requirements.