Do the conveyancing practitioners listed on your site execute auction conveyancing in Harold Wood?
We know of a number of auction solicitors we can connect you with those who can conduct auction conveyancing. Harold Wood is one of hundreds of areas of in which our lawyers have a presence.
My stepmother advised me that in purchasing a property in Harold Wood there could be a number of restrictions prohibiting external changes to the property. Is this right?
There are a number of properties in Harold Wood which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Harold Wood should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My fiancee and I are in the process of viewing houses in Harold Wood and I am now considering a potential offer. Should I already have a lawyer in place at this point? I am planning to take a mortgage with Virgin Money.
It would be advisable to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are getting a mortgage with Virgin Money, make sure you remember to check that your lawyer is on the Virgin Money conveyancing panel.
I currently have a mortgage with RBS for my property in Harold Wood. Conveyancing was finalised 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform RBS?
Your original mortgage agreement with RBS will provide that you need their approval in advance of renting your property as this is likely to be a breach of RBS’s mortgage conditions. It may be that RBS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact RBS directly. You need not do this via a RBS conveyancing panel firm.
Should my conveyancer be raising questions about flooding during the conveyancing in Harold Wood.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Harold Wood. Plenty of people will purchase a house in Harold Wood, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, but there are a number of checks that may be initiated by the purchaser or on a buyer’s behalf which can figure out the risks in Harold Wood. The standard completed inquiry forms sent to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the seller to find out if the premises has historically flooded. If the residence has been flooded in past and is not notified by the seller, then a buyer could bring a legal claim for losses resulting from an misleading response. A purchaser’s conveyancers may also conduct an enviro search. This should reveal whether there is a recorded flood risk. If so, more detailed inquiries will need to be carried out.
I used Arc property Solicitors several years past for my conveyancing in Harold Wood. Now, I need the files but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Harold Wood of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
The estate agent has sent us the confirmation of our purchase of a new build flat in Harold Wood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Harold Wood
Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.