My partner and I are acquiring a brand new flat in St Brides Major and my lawyer is advising me that she is duty bound to the lender to disclose incentives from the developer. I am on a tight deadline to sign contracts and I would rather not delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Should our conveyancer be asking questions regarding flooding during the conveyancing in St Brides Major.
Flooding is a growing risk for solicitors carrying out conveyancing in St Brides Major. Plenty of people will purchase a house in St Brides Major, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Conveyancers are not qualified to give advice on flood risk, however there are a various searches that may be undertaken by the purchaser or by their solicitors which will give them a better understanding of the risks in St Brides Major. 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 standard question of the owner to find out whether the property has ever been flooded. In the event that the property has been flooded in past which is not notified by the owner, then a buyer could bring a compensation claim as a result of such an inaccurate response. A purchaser’s solicitors should also commission an environmental report. This should indicate whether there is any known flood risk. If so, further investigations will need to be made.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. St Brides Major is the location of the property. Is there any advice you can impart?
Flying freeholds in St Brides Major are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in St Brides Major you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Brides Major may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am a sole trader intending to take over a lease of an office on a shopping parade. Can you recommend solicitors offering fixed fees for commercial conveyancing in St Brides Major for below 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in St Brides Major, including the sale and purchase of businesses as well as simply property. If you are hoping to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right solicitor. Regarding the costs these will vary based on the structure and nuances of the deal. Please provide us with your details or phone so as to enable us to provide you with a detailed commercial conveyancing quote.
I have been sourcing a conveyancing lawyer in St Brides Major for my house move. Can I see a solicitor's record with the legal regulator?
You may search for presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after 1 January 2008. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training purposes.
How much experience do your St Brides Major conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
St Brides Major conveyancing lawyers help thousands of buyers move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique St Brides Major conveyancers have worked on recent similar matters.