Can you clarify what the consequences are if my solicitor is expelled from the Yorkshire BS Conveyancing panel ahead of completing my conveyancing in Kemp Town?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Will our conveyancer be asking questions regarding flooding during the conveyancing in Kemp Town.
The risk of flooding is if increasing concern for solicitors dealing with homes in Kemp Town. Plenty of people will buy a house in Kemp Town, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Conveyancers are not qualified to offer advice on flood risk, however there are a various checks that can be initiated by the buyer or on a buyer’s behalf which can figure out the risks in Kemp Town. The standard property information forms supplied to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) incorporates a standard question of the seller to determine whether the premises has ever been flooded. If flooding has previously occurred which is not revealed by the owner, then a purchaser could issue a compensation claim as a result of such an misleading answer. A purchaser’s solicitors may also commission an enviro search. This should disclose whether there is a recorded flood risk. If so, additional inquiries should be made.
I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Kemp Town I like with amenity areas and railway links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Kemp Town suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan that many years will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you can request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
My company is planning to lease a unit on the high street. Can you recommend lawyers offering fixed fees for commercial conveyancing in Kemp Town for below 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Kemp Town, including the disposal and acquisition of businesses as well as simply property. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right lawyer. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or call us so that we may provide you with comprehensive commercial conveyancing quote.
I am 17 days into a freehold purchase having been recommend to solicitors by the local agent to execute conveyancing in Kemp Town. I am not happy. Can you you assist me in finding new conveyancers?
They would need to be really poor in order to consider diss instructing them. Has the mortgage been generated? If so you will need to make them aware of the replacement conveyancer and have the mortgage documents are re-issued. The conveyancer should be on the mortgage company approved list to avoid escalating costs and frustration. That should be your starting point. Our find a solicitor tool should help you find a lender approved solicitor for your conveyancing in Kemp Town