Should my solicitor be raising questions about flooding as part of the conveyancing in Robertsbridge.
The risk of flooding is if increasing concern for lawyers dealing with homes in Robertsbridge. Plenty of people will acquire a house in Robertsbridge, fully aware that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a various searches that can be undertaken by the purchaser or by their solicitors which should give them a better appreciation of the risks in Robertsbridge. The standard information supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a usual inquiry of the seller to determine whether the premises has historically flooded. If flooding has previously occurred and is not revealed by the vendor, then a buyer could issue a compensation claim as a result of such an misleading answer. The buyer’s conveyancers should also carry out an environmental report. This should indicate whether there is a recorded flood risk. If so, further investigations should be conducted.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who handled the conveyancing in Robertsbridge 4 years ago are no longer around. What are my options?
Gone are the days when you need to have the physical official documentation to prove you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
I am looking for a leasehold apartment up to £305k and identified one round the corner in Robertsbridge I like with open areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. I can't really find anything else in Robertsbridge suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan that many years may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
How easy is it to use your search facility to find a conveyancing solicitor in Robertsbridge on the panel for my lender?
1st select a mortgage company such as Santander, Virgin Money or Bank of Ireland then type in your location such as Robertsbridge. Conveyancing firms in Robertsbridge and beyond will then be listed.
Am I better off to instruct a Robertsbridge conveyancing lawyer based in the vicinity that I am hoping to buy? We have a good friend who can deal with the legal formalities but his firm is located approximately 350miles drive away.
The primary upside of using a local Robertsbridge conveyancing practice is that you can drop in to execute paperwork, hand in your identification documents and apply pressure on them if necessary. Having local Robertsbridge know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and in the main were content that should surpass using an unknown Robertsbridge conveyancing solicitor solely due to them being round the corner.
My wife and I purchased a leasehold flat in Robertsbridge. Conveyancing and Barclays mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Robertsbridge who previously acted has long since retired. Any advice?
First make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. You do not need to instruct a Robertsbridge conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Robertsbridge - Examples of Questions you should ask before Purchasing
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You should be aware that where the lease has no more than 80 years it will have adverse implications on the marketability of the flat. It is worth checking with your bank that they are willing to to proceed given the lease term. A short lease means that you will almost definitely need a lease extension at some point and you need to have some idea of what this would cost. Remember, in most cases you would need to own the residence for 24 months in order to be legally able to carry out a lease extension. The best form of lease structure is where the freehold reversion is owned by the leaseholders. In this situation the tenants have being in charge if their destiny and even though a managing agent is usually employed where it is bigger than a house conversion, the managing agent acts for the leaseholders themselves.