My husband and I are intent on acquiring an apartment in Crofton Park. My Conveyancer has never been on on the bank conveyancing list. Is it possible for me to continue with my Crofton Park conveyancing solicitor notwithstanding that they are not on the lender panel?

You must instruct a property lawyer to deal with the formalities when you need a loan to purchase your property. They will conduct all the relevant investigations on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage documentation is in order. One may appoint a Crofton Park conveyancing practitioner of your choosing. Nevertheless, where the lawyer appointed is not a member of the bank conveyancing panel supplemental fees will be levied as separate legal representation will be required by them. Lender panel applications may be submitted, so where your solicitor has not historically applied for membership they should take the chance to apply.

We are soon to exchange on the purchase of a house in Crofton Park but as a result of wreckage from the recent storms I have managed to agree recompense from the current proprietors of £3k in the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process but Santander are not allowing this. Why were they notified?

Any lawyer that is on a Santander conveyancing panel is obliged to inform Santander of any variations to the purchase price. If you prohibit your solicitor to report the reduction to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new conveyancing practitioner for your conveyancing in Crofton Park.

Do lawyers request an advanced payment for my conveyancing in Crofton Park?

Where you are retaining lawyers for conveyancing in Crofton Park your lawyer will request that you to provide them with funds to cover the search fees. Ordinarily this is called for to cover the fees of the conveyancing searches. If any deposit is payable against the total price then this should be required shortly prior to exchange of contracts. Any further balance that is due should be sent to your lawyer shortly before completion.

Should my solicitor be raising enquiries concerning flooding during the conveyancing in Crofton Park.

The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Crofton Park. Plenty of people will acquire a house in Crofton Park, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Lawyers are not best placed to offer advice on flood risk, but there are a various checks that can be carried out by the purchaser or by their lawyers which will figure out the risks in Crofton Park. The standard property information forms supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the seller to discover whether the premises has historically flooded. If the property has been flooded in past and is not revealed by the seller, then a buyer may issue a legal claim for losses resulting from an misleading answer. The purchaser’s lawyers should also commission an enviro search. This will indicate if there is any known flood risk. If so, additional investigations should be conducted.

About to purchase a new build apartment in Crofton Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Crofton Park

The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?