Will our solicitor be asking questions about flooding during the conveyancing in Saxmundham.
Flooding is a growing risk for conveyancers dealing with homes in Saxmundham. There are those who purchase a house in Saxmundham, fully aware that at some time, it may be flooded. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, but there are a numerous checks that can be initiated by the purchaser or by their lawyers which will give them a better appreciation of the risks in Saxmundham. The conventional set of completed inquiry forms sent to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the vendor to discover whether the premises has suffered from flooding. If the residence has been flooded in past which is not notified by the seller, then a buyer could commence a compensation claim as a result of such an inaccurate answer. The purchaser’s conveyancers will also commission an environmental report. This will disclose if there is any known flood risk. If so, additional investigations will need to be initiated.
The deeds to our house are lost. The conveyancers who handled the conveyancing in Saxmundham 10 years ago no longer exist. What do I do?
You no longer need to have the physical deeds to evidence that you own the land or property, given that the Land Registry have everything they need in a digital format.
I am looking for a ground for flat up to £235,500 and found one close by in Saxmundham I like with amenity areas and transport links in the vicinity, however it only has 52 years on the lease. I can't really find anything else in Saxmundham in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the shortness of the lease may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
What does commercial conveyancing in Saxmundham cover?
Commercial conveyancing in Saxmundham incorporates a broad range of advice, given by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
My fiance and I are searching for an affordable conveyancing lawyer in Saxmundham to help me sell my home. I I am concerned about being overcharged but with so many Saxmundham conveyancing organisations to choose from...who's the best?
An unbiased personal recommendation from someone who has used a conveyancing solicitor previously is always a good thing. Almost everyone has used a conveyancing lawyer in the past. Do make use of our tool to compare Saxmundham conveyancing quotes