Will my conveyancer be raising questions concerning flooding during the conveyancing in Stocksfield.

The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Stocksfield. There are those who purchase a property in Stocksfield, completely aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.

Conveyancers are not qualified to offer advice on flood risk, however there are a number of checks that can be carried out by the buyer or by their lawyers which should give them a better understanding of the risks in Stocksfield. The conventional set of property information forms supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the owner to determine whether the premises has suffered from flooding. If the property has been flooded in past and is not disclosed by the seller, then a purchaser may commence a claim for damages resulting from an incorrect answer. The buyer’s conveyancers may also carry out an enviro search. This should reveal if there is a recorded flood risk. If so, additional inquiries should be carried out.

My wife and I have a 4 bedroom Edwardian property in Stocksfield. Conveyancing practitioner represented me and Santander. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?

You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stocksfield and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing practitioner who conducted the conveyancing.

I am looking for a ground for flat up to £235,500 and found one close by in Stocksfield I like with amenity areas and station nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Stocksfield for this price, so just wondered if I would be making a grave error buying a short lease?

Should you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.

Hoping to buy a property located in Stocksfield and I am already nervous. I couldn't find anything specific about Stocksfield. Conveyancing will be needed in due course but do you know about the Stocksfield area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Stocksfield. In the meantime here are some basic statistics that we found

Is it true that a Stocksfield conveyancing practice got sued by clients for not carrying out the right conveyancing investigations?

We are not aware of such a Stocksfield conveyancing matter but it has been reported that, a couple purchasing a home in Cumbria successfully sued their lawyer as a consequence of development plans to build a wind farm not being identified in conveyancing searches.

If you are thinking of buying a home in Stocksfield It is critical that your solicitor conduct all Stocksfield conveyancing searches necessary making sure that you have relevant and up to date information ahead of buying a property.