Should my solicitor be raising enquiries concerning flooding during the conveyancing in Navenby.
The risk of flooding is if increasing concern for lawyers dealing with homes in Navenby. Plenty of people will purchase a property in Navenby, fully expectant that at some time, it may be flooded. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Conveyancers are not qualified to give advice on flood risk, but there are a numerous checks that may be undertaken by the purchaser or on a buyer’s behalf which will give them a better appreciation of the risks in Navenby. The conventional set of property information forms supplied to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard inquiry of the seller to determine whether the property has suffered from flooding. If the premises has been flooded in past and is not notified by the seller, then a buyer may bring a compensation claim as a result of such an misleading response. The purchaser’s conveyancers will also carry out an environmental report. This should higlight whether there is any known flood risk. If so, more detailed investigations will need to be made.
Have purchased a a detached house in Navenby , What is the estimated time for the Land Registry to record my ownership? My Navenby conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.
As far as conveyancing in Navenby is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can vary subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any other persons or bodies. As of today roughly three quarters of submission are fully addressed in less than three weeks but some can be subject to extensive hold-ups. Historically registration takes place once the purchaser is living at the property so 'speed' is not usually an essential issue yet where it is urgent that the the registration takes place urgently then you or your solicitor can speak with the land registry and explain the circumstances.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Navenby is where the house is located. What do you suggest?
Flying freeholds in Navenby are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Navenby you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Navenby 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 property.
I am looking for a conveyancing lawyer in Navenby for my purchase. Is it possible to check a solicitor's complaints history with the legal regulator?
One may find presented Solicitor Regulator Association (SRA) decisions arising from inquisitions commenced on or after 1 January 2008. 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, dial +44 (0)121 329 6800. The regulator may recorded call for training reasons.
There are only Seventy years left on my flat in Navenby. I need to extend my lease but my freeholder is missing. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to demonstrate that you have made all reasonable attempts to locate the lessor. In some cases an enquiry agent may be useful to conduct investigations and prepare an expert document which can be used as evidence that the landlord can not be located. It is wise to seek advice from a property lawyer in relation to devolving into the landlord’s absence and the application to the County Court overseeing Navenby.
I bought a studio flat in Navenby, conveyancing was carried out May 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Navenby with a long lease are worth £197,000. The ground rent is £55 invoiced every year. The lease finishes on 21st October 2080
With 55 years unexpired we estimate the price of your lease extension to range between £31,400 and £36,200 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.
My husband and I have had DIP from TSB who have advised that they will lend up to £117k. At what point do I need to appoint a lawyer for conveyancing? Navenby is where we plan to move to.
It would be wise to instruct a conveyancer now so that the conveyancer can open the ledger so they can conduct the AML checks etc. If and when you wish them to start work they will seek a payment on account normally approximately £225. That should generally be once you have the mortgage offer and survey back, nevertheless if you want to speed the process you can start the ball rolling quicker albeit risking some money.