Will my lawyer be asking questions about flooding during the conveyancing in Coombe Dingle.
The risk of flooding is if increasing concern for lawyers dealing with homes in Coombe Dingle. There are those who acquire a property in Coombe Dingle, completely aware that at some time, it may be flooded. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the property. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not qualified to impart advice on flood risk, but there are a number of searches that may be undertaken by the purchaser or on a buyer’s behalf which will figure out the risks in Coombe Dingle. The standard completed inquiry forms given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the seller to find out if the premises has historically flooded. If the premises has been flooded in past which is not revealed by the vendor, then a purchaser may commence a compensation claim as a result of such an inaccurate reply. The purchaser’s lawyers should also order an environmental search. This should higlight whether there is a recorded flood risk. If so, more detailed inquiries should be carried out.
Me and my brother have a semi-detached Edwardian house in Coombe Dingle. Conveyancing lawyer acted for me and Halifax. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same address. Is it worth asking Halifax to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Coombe Dingle and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing practitioner who conducted the purchase.
I'm purchasing a new build house in Coombe Dingle with the aid of help to buy. The developers would not reduce the amount so I negotiated £7000 of extras instead. The sale representative told me not reveal to my conveyancer about the deal as it will adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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 input of my in-laws I had a survey completed on a house in Coombe Dingle in advance of instructing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies may not give a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you e-mail us we can check via 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 Coombe Dingle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Coombe Dingle to see if the conveyancing costs will increase in light of this.
In sourcing the web for the term conveyancing in Coombe Dingle it reveals numerous solicitorslocally. With so much choice what is the best way to find the right solicitor for me?
The preferential method of finding a suitable conveyancer is via trusted testimonial, so enquire of friends and relatives who have bought a property in Coombe Dingle or the reputable estate agent or mortgage broker. Charges for conveyancing in Coombe Dingle differ, so it's a good idea to secure at least four costs illustrations from varying types of law firms. Be sure to secure confirmation that the fees are fixed.
We are in the process of buying a flat in Coombe Dingle. Conveyancing is not yet done but we would like have our purchase price a secret from the likes of Zoopla. How could this be achieved ?
HM Land Registry by statute are bound to reveal price paid data on a register of the title for residential properties countrywide including homes in Coombe Dingle. The Title Register is an open document, so the Land Registry would be breaking the law excluded certain properties such as the property in Coombe Dingle.
In essence you can ask HM Land Registry to hide the amount paid data yet the response would be in the negative.