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Recently asked questions about conveyancing in Bagillt

I have given 8 weeks notice to my current landlord and must vacate my rented property in Bagillt by 4/9/2024. Conveyancing for my house purchase is underway. How realistic is it to complete in 4 weeks as don't want to have to find short term accommodation?

Generally one should not serve notice on a rental unless you have exchanged. If you have not previously done so, notify to your solicitor and request that they cajole the owners side, try to get a realistic time scale from them that all parties will aim towards

Will our conveyancer be raising enquiries regarding flooding as part of the conveyancing in Bagillt.

The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Bagillt. There are those who buy a house in Bagillt, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.

Lawyers are not best placed to give advice on flood risk, but there are a numerous searches that may be undertaken by the buyer or by their lawyers which will figure out the risks in Bagillt. The standard information supplied to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) incorporates a standard question of the seller to determine if the premises has ever been flooded. In the event that the property has been flooded in past and is not disclosed by the seller, then a purchaser may commence a compensation claim as a result of such an inaccurate response. The purchaser’s lawyers may also conduct an environmental search. This will disclose if there is any known flood risk. If so, additional investigations should be carried out.

How does conveyancing in Bagillt differ for new build properties?

Most buyers of new build residence in Bagillt approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is built. This is because builders in Bagillt tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bagillt or who has acted in the same development.

I opted to have a survey done on a house in Bagillt before retaining solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks tend refuse to give a mortgage on this type of house.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you e-mail us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bagillt. Conveyancing may be slightly more expensive based on your lender's requirements.

I need to retain a conveyancing solicitor for remortgage conveyancing in Bagillt. I have stumble upon a web site which looks to be the ideal solution If there is a chance to get all the legals completed via web that would be preferable. Should I be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

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Find out more about how flying freehold can affect your the value of a property.