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

The risk of flooding is if increasing concern for solicitors carrying out conveyancing in High Holborn. Plenty of people will acquire a property in High Holborn, fully aware 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, adequate building insurance, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.

Conveyancers are not best placed to impart advice on flood risk, but there are a numerous searches that may be carried out by the purchaser or by their conveyancers which will give them a better understanding of the risks in High Holborn. The conventional set of information given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the owner to discover whether the property has historically flooded. If the residence has been flooded in past and is not notified by the seller, then a buyer may bring a legal claim for losses as a result of such an misleading answer. A buyer’s solicitors may also commission an environmental search. This will higlight whether there is any known flood risk. If so, more detailed inquiries will need to be initiated.

The deeds to our home can not be found. The solicitors who conducted the conveyancing in High Holborn 10 years ago no longer exist. What do I do?

As long as the title is registered the information relating to your proprietorship will be evidenced by HMLR under a Title Number. It is easy to execute a search at the Land Registry, find your property and secure up to date copies of the property title for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified copy of the Registered Lease and again, a copy can be retrieved for twenty pounds.

About to purchase a new build apartment in High Holborn. Conveyancing is daunting 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 legal work.

Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in High Holborn

There must be mutual enforceability of lessee’s covenants. 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 a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision.

I am looking for a ground for flat up to £305k and identified one close by in High Holborn I like with amenity areas and station in the vicinity, however it's only got 61 years unexpired on the lease. There is not much else in High Holborn suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you need a home loan that many years will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

Can you set out the scope of conveyancing undertaken by High Holborn conveyancing practices?

Generally most High Holborn conveyancing organisations can carry out a wide spectrum of legal advice to home and land owners, vendors, buyers, freeholders and tenants which may include:

Domestic sale conveyancing in High Holborn and nationally Residential purchase conveyancing in High Holborn and countrywide Buy to let conveyancing Conveyancing for builders and developers Shariah Compliant Finance including sales, purchases and refinances Transferring equity to add or remove owners