Our Beaufort solicitor has identified a discrepancy between the information in the valuation survey and what is revealed within the title deeds. My lawyer informs me that he must ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach legitimate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements 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 you.
It is 10 years ago since I acquired my property in Beaufort. Conveyancing lawyers have recently been appointed on the sale but I am unable to locate the title deeds. Is this a problem?
Don’t worry too much. Firstly there is a possibility that the deeds will be kept by your lender or they may be in the possession of the solicitor who oversaw the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. The vast majority of conveyancing in Beaufort involves registered property but in the unlikely event that your home is not registered it is more of a problem but is not insurmountable.
I am buying a detached bungalow in Beaufort. Our aim is to an extension at the rear at the property.Will legal conveyancing on the property include enquiries to see if these works were previously refused?
Your conveyancer will review the registered title as conveyancing in Beaufort will occasionally reveal restrictions in the title deeds which prohibit certain alterations or need the permission of another owner. Some works call for local authority planning consent and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these things with a surveyor ahead of any purchase.
I am being told by my solicitor that breach of easement insurance is required on my purchase. What is the level of cover for Beaufort conveyancing?
The right level of breach of easement indemnity insurance depends on who your lender is. It would differ for example between Santander and The Mortgage Works. Conveyancing lawyers as opposed to members of the public take out such policies.
How can we tell if a Beaufort conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Beaufort seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer carrying out your conveyancing.
Will my solicitor be raising enquiries concerning flooding during the conveyancing in Beaufort.
Flooding is a growing risk for lawyers dealing with homes in Beaufort. There are those who acquire a property in Beaufort, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a various checks that can be carried out by the buyer or by their lawyers which should give them a better appreciation of the risks in Beaufort. The conventional set of property information forms supplied to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard inquiry of the seller to discover whether the premises has suffered from flooding. In the event that the property has been flooded in past and is not notified by the owner, then a purchaser could issue a claim for damages stemming from an misleading reply. A purchaser’s solicitors will also conduct an environmental report. This will reveal whether there is a recorded flood risk. If so, additional inquiries will need to be initiated.
I am looking into buying my first house which is in Beaufort and I am already nervous. I couldn't find anything specific about Beaufort. Conveyancing will be needed in due course but do you know about the Beaufort area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Beaufort. In the meantime here are some basic statistics that we found