Will my solicitor be asking questions concerning flooding as part of the conveyancing in Blackwood.

Flooding is a growing risk for lawyers specialising in conveyancing in Blackwood. Plenty of people will purchase a house in Blackwood, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.

Solicitors are not best placed to offer advice on flood risk, but there are a number of searches that can be carried out by the purchaser or by their solicitors which will figure out the risks in Blackwood. The conventional set of information sent to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the seller to find out whether the premises has suffered from flooding. If the residence has been flooded in past which is not revealed by the owner, then a purchaser could commence a compensation claim stemming from an misleading reply. The purchaser’s lawyers may also carry out an environmental search. This should higlight if there is any known flood risk. If so, further investigations will need to be conducted.

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

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Blackwood. 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…’

The estate agent has sent us the confirmation of our purchase of a new build apartment in Blackwood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Blackwood

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

What tools are available to locate a Blackwood solicitor on the Barclays conveyancing panel? I have wheels and am happy to travel upto 20miles to meet the solicitor.

You can use the facility on this page. Please select a bank and your location and you will see a number of Blackwood conveyancing lawyers located nearest you. We have listed some Blackwood conveyancing firms towards the end of this page and you can contact them to check whether they are on the Barclays member panel

I am on look out for some leasehold conveyancing in Blackwood. Before diving in I require certainty as to the remaining lease term.

If the lease is registered - and most are in Blackwood - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I invested in buying a studio flat in Blackwood, conveyancing formalities finalised July 2007. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Blackwood with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 yearly. The lease ceases on 21st October 2082

With only 58 years remaining on your lease we estimate the price of your lease extension to span between £22,800 and £26,400 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.