I am purchasing a property without a mortgage in Wealdstone. I have resided for the previous dozen years in Wealdstone. Conveyancing searches are expensive. Given that I know the area and road very well must I have all the conveyancing searches?
If you not getting a mortgage, then the vast majority of the Wealdstone conveyancing searches are non-obligatory. Your solicitor will 'advise', no-doubt strongly, that you should have searches completed, but she has a professional duty to do this. Do take into account; if you are likely to dispose of the house in the future, it may be of interest to your future purchaser what the searches reveal. Sometimes premises with day to day issues can still show up unpredicted search results. A competent conveyancing solicitor in Wealdstone will be able to give you some constructive guidance concerning this.
Are the BSA intent on creating a online directory to to identify solicitors on the Loughborough BS conveyancing panel for example in Wealdstone?
We have not been informed any plans on the part of the BSA to develop such a search facility.
Should my lawyer be making enquiries regarding flooding during the conveyancing in Wealdstone.
The risk of flooding is if increasing concern for lawyers dealing with homes in Wealdstone. Plenty of people will acquire a property in Wealdstone, completely expectant 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, suitable 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.
Lawyers are not qualified to offer advice on flood risk, however there are a various checks that may be undertaken by the buyer or by their solicitors which should figure out the risks in Wealdstone. The conventional set of property information forms given to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a usual question of the vendor to find out whether the premises has ever been flooded. In the event that flooding has previously occurred which is not revealed by the owner, then a buyer may bring a claim for damages as a result of such an misleading response. The buyer’s conveyancers may also commission an environmental report. This will reveal if there is any known flood risk. If so, additional inquiries should be carried out.
I am purchasing a new build house in Wealdstone with a loan from Virgin Money. The sellers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent advised me not disclose to my lawyer about the side-deal as it could impact my mortgage with Virgin Money. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 affect my business offices in Wealdstone and how can you help?
The 1954 Act affords security of tenure to commercial leaseholders, granting the a statutory right to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Wealdstone
I am looking for a conveyancing solicitor in Wealdstone for my home move. Is it possible to see a firm’s complaints history with the profession’s regulator?
Anyone can see documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator could monitor telephone calls for training requirements.