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Find a Downe Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Downe? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Downe transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Downe

My brother-in-law has suggested I instruct a conveyancing solicitor in Downe. I need to find out if they are on the Leeds Building Society approved list of lawyers. Could you help?

You should phone your lawyer and enquire if they are on the lender panel. Alternatively you should call Leeds Building Society who may be able to help.

Will our lawyer be making enquiries regarding flooding during the conveyancing in Downe.

The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Downe. Plenty of people will acquire a house in Downe, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Lawyers are not best placed to give advice on flood risk, however there are a various searches that may be undertaken by the purchaser or on a buyer’s behalf which will give them a better understanding of the risks in Downe. The conventional set of information sent to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) contains a usual inquiry of the vendor to determine if the property has ever been flooded. In the event that the premises has been flooded in past and is not disclosed by the seller, then a buyer could commence a claim for damages stemming from an inaccurate reply. The buyer’s solicitors may also commission an environmental report. This should disclose if there is any known flood risk. If so, more detailed investigations should be conducted.

How does conveyancing in Downe differ for newly converted properties?

Most buyers of new build or newly converted property in Downe contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because builders in Downe typically acquire the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Downe or who has acted in the same development.

My partner has suggested that I use his conveyancing solicitors in Downe. Should I use them?

Much as we are happy to recommend a Downe conveyancing lawyer the best way to find a conveyancing practitioner is to have recommendations from friends or family who have previously instructed the conveyancer that you are contemplating using.

Estate agents have just been given the go-ahead to market my basement apartment in Downe. Conveyancing has not commenced, however I have recently had a quarterly service charge invoice – what should I do?

The sensible thing to do is clear the maintenance contribution as you normally would given that all rents and maintenance charges should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I own a first floor flat in Downe. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount payable for the purchase of the freehold?

Most definitely. We can put you in touch with a Downe conveyancing firm who can help.

An example of a Lease Extension decision for a Downe property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The unexpired lease term was 50.57 years.

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Neighbouring Locations

Keston
Green Street Green
Downe
Aperfield
Biggin Hill
Cudham

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