Will our lawyer be making enquiries regarding flooding as part of the conveyancing in Aylsham.

Flooding is a growing risk for conveyancers conducting conveyancing in Aylsham. Some people will buy a property in Aylsham, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.

Conveyancers are not best placed to impart advice on flood risk, however there are a number of searches that can be carried out by the purchaser or by their lawyers which will give them a better understanding of the risks in Aylsham. The conventional set of completed inquiry forms supplied to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the seller to find out if the premises has suffered from flooding. If the residence has been flooded in past which is not notified by the owner, then a buyer may commence a compensation claim as a result of such an inaccurate answer. A buyer’s solicitors should also order an enviro search. This will disclose whether there is a recorded flood risk. If so, additional inquiries should be carried out.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Aylsham?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Aylsham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I'm buying a new build house in Aylsham with a mortgage from Halifax. The sellers would not budge the amount so I negotiated £7000 of additionals instead. The estate agent suggested that I not reveal to my solicitor about the side-deal as it may impact my loan with Halifax. 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.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Aylsham is where the house is located. Can you offer any advice?

Flying freeholds in Aylsham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Aylsham you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Aylsham 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 premises.

What tools are available to identify a Aylsham law firm on the Barclays Direct conveyancing panel? I have a car and am willing to travel upto 25kilometers to meet the lawyer.

Feel free to make use of the search on this page. Please select a lender and your location and you will see a number of Aylsham conveyancing lawyers based on proximity. We have listed some Aylsham conveyancing firms at the bottom of this page and you can contact them to verify if they are on the Barclays Direct member panel