Should our solicitor be asking questions regarding flooding as part of the conveyancing in Bourne.
The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Bourne. Plenty of people will buy a property in Bourne, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Solicitors are not best placed to give advice on flood risk, however there are a various searches that can be initiated by the buyer or on a buyer’s behalf which should figure out the risks in Bourne. The standard completed inquiry forms given to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the seller to discover if the premises has suffered from flooding. If flooding has previously occurred and is not disclosed by the seller, then a buyer could bring a legal claim for losses stemming from an inaccurate reply. A purchaser’s conveyancers may also conduct an environmental search. This will disclose whether there is a recorded flood risk. If so, more detailed inquiries should be initiated.
How does conveyancing in Bourne differ for new build properties?
Most buyers of new build residence in Bourne contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Bourne typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bourne or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in Bourne in advance of appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders tend not give a loan on this type of property.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bourne. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to assist me to search for a Bourne solicitor on the The Royal Bank of Scotland conveyancing panel? I have a car and am happy to travel upto 10miles to meet the lawyer.
You can use the tool on this website. Please pick a bank and your location and you will see a number of Bourne conveyancing lawyers based on proximity. We have listed some Bourne conveyancing firms at the bottom of this page and you can call them to see if they are on the The Royal Bank of Scotland panel
I am using a search engine for the term cheap conveyancing in Bourne it reveals many property lawyersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for the sale of my house?
The preferential method of seeking the right conveyancer is via personal referral, so seek the guidance of friends and family who have purchased a property in Bourne or the respected estate agent or financial adviser. Charges for conveyancing in Bourne vary, so it's sensible to secure a minimum of three estimates from different solicitors. Dont forget to clarify that the charges are assured not to to be inflated.
My estate agent has suggested using their property lawyer for the conveyancing in Bourne - won’t it be easier to just instruct them?
It is worth checking if the selling agent is recommending a solicitor or introducing to a solicitor. There are plenty of Bourne estate agents who recommend two or three Bourne conveyancing firms and get nothing from it.