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Recently asked questions about conveyancing in Banstead

My friend's uncle is a conveyancer. I expect that I will be offered mate’s rates for conveyancing, but if not, what level of costs would I typically be looking at for conveyancing in Banstead?

It’s prudent to request multiple conveyancing quotes. Make use of our comparison tool on this page. Whilst estimates may vary but service levels do are distinct between law firms as is true with the vast majority of professional services.

Should our solicitor be raising questions regarding flooding as part of the conveyancing in Banstead.

Flooding is a growing risk for lawyers dealing with homes in Banstead. Some people will acquire a house in Banstead, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Lawyers are not qualified to offer advice on flood risk, but there are a number of searches that may be undertaken by the purchaser or by their solicitors which will figure out the risks in Banstead. The conventional set of property information forms sent to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the owner to find out whether the premises has historically flooded. In the event that the residence has been flooded in past which is not notified by the seller, then a buyer could commence a legal claim for losses as a result of such an incorrect reply. The purchaser’s lawyers should also carry out an environmental report. This should higlight if there is a recorded flood risk. If so, further investigations should be made.

In what way can the Landlord & Tenant Act 1954 affect my commercial offices in Banstead and how can your lawyers assist?

The 1954 Act provides protection to business tenants, giving them the right to apply to court for a new lease and remain in occupation at the end of an expired lease. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Banstead

I need to find a conveyancing solicitor for some conveyancing in Banstead. I have land on a site which appears to be the perfect offering If there is a chance to get all the legals completed via web that would be ideal. Do I need to be wary? What should out be looking out for?

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?

Is there a reason that Banstead conveyancing fees are higher for leasehold and freehold properties?

When purchasing a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control

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Belmont
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Carshalton Beeches

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