Should our solicitor be raising questions regarding flooding as part of the conveyancing in Ilkley.
Flooding is a growing risk for conveyancers specialising in conveyancing in Ilkley. Some people will purchase a property in Ilkley, fully expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Solicitors are not qualified to offer advice on flood risk, however there are a various searches that can be undertaken by the buyer or on a buyer’s behalf which can give them a better understanding of the risks in Ilkley. The conventional set of completed inquiry forms sent to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual question of the owner to discover if the property has historically flooded. If flooding has previously occurred and is not disclosed by the seller, then a purchaser could commence a claim for damages resulting from an incorrect response. The buyer’s lawyers may also order an enviro search. This should reveal whether there is a recorded flood risk. If so, further investigations will need to be made.
I have justfound out that Stirling Law have closed. They conducted my conveyancing in Ilkley for a purchase of a leasehold flat 18 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The quickest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ilkley conveyancing specialists.
I am buying a new build house in Ilkley with a loan from HSBC Bank. The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not inform my solicitor about this extras as it would adversely affect my mortgage with HSBC Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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 guidance of my in-laws I had a survey completed on a house in Ilkley in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies tend not grant a loan on such a premises.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ilkley. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to transfer to a new conveyancer as I need to appoint one who is on the Barclays Direct conveyancing panel. I instructed a local conveyancing solicitor in Ilkley round the corner but he is not accepted by Barclays Direct
We will our best to assist in finding you a conveyancing solicitor in Ilkley on the Barclays Direct panel. Please note that the conveyancers that we list do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Ilkley. In making use of the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Ilkley.
As co-executor for the will of my uncle I am disposing of a residence in Cardiff but I am based in Ilkley. My conveyancer (based 260 miles awayneeds me to execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Ilkley who can witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Ilkley