Can the conveyancing lawyers to be found on your site carry out auction conveyancing in Knotty Ash?
There are a number of auction lawyers we can put you in touch with those conducting auction conveyancing. Knotty Ash is just one of our locations where our lawyers have a presence.
Should my solicitor be raising enquiries regarding flooding as part of the conveyancing in Knotty Ash.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Knotty Ash. Some people will acquire a house in Knotty Ash, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not qualified to give advice on flood risk, but there are a number of checks that may be initiated by the buyer or on a buyer’s behalf which can figure out the risks in Knotty Ash. The conventional set of property information forms sent to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the owner to discover if the premises has suffered from flooding. If the premises has been flooded in past and is not notified by the vendor, then a buyer could commence a claim for damages resulting from an incorrect reply. A buyer’s conveyancers may also conduct an environmental search. This will indicate whether there is any known flood risk. If so, additional inquiries will need to be conducted.
Me and my brother own a renovated Edwardian house in Knotty Ash. Conveyancing lawyer represented me and National Westminster Bank. 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. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for 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 Knotty Ash and other locations in 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 check the situation with the conveyancing practitioner who conducted the purchase.
I'm buying a new build house in Knotty Ash with a mortgage from Platform Home Loans Ltd. The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not inform my solicitor about this extras as it may adversely affect my mortgage with the bank. Should I keep quiet?.
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.
In what way can the Landlord & Tenant Act 1954 impact my business offices in Knotty Ash and how can your lawyers assist?
The 1954 Act gives security of tenure to commercial leaseholders, granting the legal entitlement to make a request to court for a renewal lease and continue in occupation at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Knotty Ash is one of the hundreds of areas of the UK in which our lawyers are based
I note that you have a search directory listing law firms on the bank conveyancing panel. Do Knotty Ash conveyancing companies pay you a commission if I instruct them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Knotty Ash.