Our Seven Sisters solicitor has identified an inconsistency between the surveyor’s assumptions in the home valuation survey and what is revealed within the legal papers for the property. My lawyer says that he is obliged to check that the lender is with this discrepancy and is content to go ahead. Is my lawyer’s course or action right?

Your must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

Will our lawyer be raising questions regarding flooding during the conveyancing in Seven Sisters.

The risk of flooding is if increasing concern for conveyancers dealing with homes in Seven Sisters. There are those who purchase a property in Seven Sisters, fully expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, if a house 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 during the course of a house purchase to forewarn the buyer.

Solicitors are not qualified to impart advice on flood risk, however there are a numerous searches that can be carried out by the purchaser or on a buyer’s behalf which will give them a better understanding of the risks in Seven Sisters. The conventional set of property information forms given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the seller to determine if the property has suffered from flooding. In the event that flooding has previously occurred which is not disclosed by the seller, then a purchaser could commence a compensation claim stemming from an inaccurate reply. A purchaser’s conveyancers will also conduct an enviro search. This should indicate whether there is any known flood risk. If so, additional inquiries should be initiated.

Are there restrictive covenants that are commonly identified as part of conveyancing in Seven Sisters?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Seven Sisters. 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…’

Just had an offer accepted on a new build flat in Seven Sisters. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Seven Sisters

Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. Please supply a car parking plan.

Am I better off to choose a Seven Sisters conveyancing lawyer who is local to the property I am purchasing? An old friend can handle the conveyancing but they are based a couple of hundredmiles away.

The primary upside of using a local Seven Sisters conveyancing practice is that you can pop in to sign paperwork, deliver your identification documents and pester them where appropriate. Having local Seven Sisters know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and the majority were impressed that should surpass using an unknown Seven Sisters conveyancing solicitor just because they are based in the area.