Do the conveyancing lawyers identified through your search tool conduct auction conveyancing in Great Shelford?
There are a few niche lawyers we can connect you with those specialising in auction conveyancing. Great Shelford is one of the many locations where our lawyers are based.
Should my solicitor be making enquiries regarding flooding as part of the conveyancing in Great Shelford.
Flooding is a growing risk for lawyers conducting conveyancing in Great Shelford. There are those who purchase a house in Great Shelford, fully aware that at some time, it may be flooded. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not qualified to offer advice on flood risk, but there are a numerous checks that can be undertaken by the purchaser or by their lawyers which should figure out the risks in Great Shelford. The conventional set of completed inquiry forms given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the vendor to determine whether the premises has ever been flooded. If the residence has been flooded in past which is not disclosed by the owner, then a purchaser could issue a claim for damages stemming from an misleading response. A buyer’s conveyancers may also conduct an environmental search. This should higlight whether there is any known flood risk. If so, additional inquiries will need to be initiated.
Me and my brother have a semi-detached Georgian house in Great Shelford. Conveyancing practitioner represented me and Barclays Direct. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the matching property. Is it worth asking Barclays Direct to clarify?
You need to read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Great Shelford and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing practitioner who conducted the conveyancing.
How does conveyancing in Great Shelford differ for newly converted properties?
Most buyers of new build or newly converted property in Great Shelford contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Great Shelford usually acquire 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 Great Shelford or who has acted in the same development.
Looking forward to complete next month on a garden flat in Great Shelford. Conveyancing lawyers assured me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Great Shelford should include some of the following:
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Are you allowed to have a pet in the flat? Rent payments - what is payable and when is collected, and be on notice if this is subject to change The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Who has the liability to repair and maintain the main walls and foundations. It is important that you know who is responsible the repair and maintenance of all parts of the block and estate
Great Shelford Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing
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Is there a share of the freehold? Who are the managing agents? For most Great Shelford leaseholds the outlay for major works are not built into the maintenance charges, although some managing agents in Great Shelford ask tenants to contribute towards a reserve fund and this is used to offset against major works.
My solicitors in Great Shelford have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the lender directly.