Should my lawyer be raising questions about flooding as part of the conveyancing in Brewood.

Flooding is a growing risk for conveyancers dealing with homes in Brewood. There are those who purchase a property in Brewood, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.

Solicitors are not best placed to impart advice on flood risk, but there are a various checks that may be carried out by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Brewood. The conventional set of information supplied to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the owner to find out whether the property has suffered from flooding. If the premises has been flooded in past which is not notified by the vendor, then a purchaser could commence a legal claim for losses as a result of such an misleading answer. The buyer’s lawyers will also order an enviro report. This should disclose if there is any known flood risk. If so, more detailed investigations will need to be made.

I bought my apartment on 8 March and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Brewood expressed confidence that it will be dealt with in a couple of weeks. Are properties in Brewood particularly slow to register?

There is nothing unique about conveyancing in Brewood registration formalities. Rather than based on location, timescales can adjust subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. Currently roughly three quarters of submission are completed in less than three weeks but occasionally there can be longer delays. Historically registration is effected once the buyer has moved in to the property so 'speed' is not usually top priority yet where there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Brewood is where the house is located. What do you suggest?

Flying freeholds in Brewood are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Brewood you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brewood 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.

How easy is it to swap solicitor as I have to instruct a firm on the Alliance & Leicester conveyancing panel. I was using a local conveyancing solicitor in Brewood round the corner but he is not accepted by Alliance & Leicester

We will our best to assist in finding you a conveyancing solicitor in Brewood on the Alliance & Leicester panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Brewood. In utilising the find a conveyancing solicitor tool on this page, you can compare fees for conveyancing solicitors in Brewood and beyond.

I am tempted by the attractive purchase price for a couple of apartments in Brewood both have about forty five years remaining on the lease term. Should I regard a short lease as a deal breaker?

A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the value of the lease deteriorates and it becomes more costly to extend the lease. For this reason it is often a good idea to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this field.

Brewood Leasehold Conveyancing - Sample of Queries Prior to buying

Best to be warned if fixing the lift or some other significant cost is coming up that will be shared by the leaseholders and will materially impact the level of the maintenance fees or require a specific invoice. How much is the ground rent and service charge? Its a good idea to find out as much as possible about the company managing the building as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to daily issues such as the upkeep of the common parts. Ask other tenants whether they are happy with their service. In conclusion, investigate as to the dates that you are obliged pay the service charge to the appropriate party and specifically what you get for your money.