I am hoping to complete my purchase in Clifton next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the bank expect the insurance to cover?

Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not unique to conveyancing in Clifton.

When does exchange of contracts happen for domestic conveyancing in Clifton and am I required to attend the solicitors office?

If you are local to our conveyancing solicitors in Clifton you are welcome to come in to sign documents. That being said, the lender approved solicitors we recommend provide a nationwide conveyancing service and provide just as detailed and professional a job for you when dealing with you by post or email. The executing of the property agreement is not when everything is set in stone. A signed contract is necessary for the conveyancer to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Clifton)to be in the office available at the end of the phone to exchange contracts.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Clifton?

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

I've found a house that appears to be perfect, at a reasonable figure which is making it more attractive. I have since found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Clifton. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Clifton ?

Most houses in Clifton are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Clifton so you should seriously consider shopping around for a Clifton conveyancing practitioner and check that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the landlord’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will report to you on the legal implications.

Clifton Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to Purchasing

The answer will be helpful as a) areas can result in problems in the block as the communal areas may begin to deteriorate where services remain unpaid b) if the leasehold owners have a dispute with the managing agents you will wish to know about it Does the lease have more than 82 years unexpired? It would be wise to find out as much as you can about the company managing the block as they will either make your life much easier or much more difficult. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to every day issues like the upkeep of the communal areas. Ask prospective neighbours if they are happy with them. In conclusion, find out the dates that you are obliged pay the service charge to the managing agents and precisely how they are spending that money.

What is the best way of identifying a freehold conveyancing in Clifton?

First ask your friends and family who they used in the past and if they were happy with the service. Second, look on the web for conveyancing in Clifton. Telephone a couple or more firms from the list and request that they email you their conveyancing estimate and discuss your needs with the solicitor who will handle your conveyancing before you commit. Third is to make use of our search tool to help you find the right solicitors taking into account your unique requirements including location,speed, complexity and who the proposed mortgage company is.Resist the temptation to appoint £99 conveyancing solicitors in Clifton