Willinstructing a Thornton Heath conveyancing practitioner make the home moving process easier?
Generally conveyancing solicitors in your location will have good relationships with your local authority, which can assist with the Thornton Heath conveyancing searches that your conveyancer will require. It can only assist if they enjoy good relationships with the Land Registry covering your area Thornton Heath, other property lawyers in the neighbourhood and Thornton Heath Estate Agents.
Will our solicitor be asking questions concerning flooding during the conveyancing in Thornton Heath.
The risk of flooding is if increasing concern for solicitors specialising in conveyancing in Thornton Heath. Some people will purchase a house in Thornton Heath, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not best placed to offer advice on flood risk, but there are a numerous searches that can be undertaken by the purchaser or by their solicitors which should give them a better understanding of the risks in Thornton Heath. The standard property information forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the seller to discover whether the property has historically flooded. If flooding has previously occurred and is not disclosed by the owner, then a buyer could commence a compensation claim as a result of such an misleading answer. The purchaser’s conveyancers may also carry out an enviro report. This will higlight if there is a recorded flood risk. If so, additional inquiries should be conducted.
I am looking for a flat up to £195,000 and identified one round the corner in Thornton Heath I like with open areas and railway links in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in Thornton Heath suitable, so just wondered if I would be making a mistake buying a short lease?
Should you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
I need to retain a conveyancing solicitor for residential conveyancing in Thornton Heath. I've discover a web site which seems to have the ideal solution If it is possible to get all formalities completed via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What can I do to establish who owns a property in Thornton Heath?
Provided the premises is registered with the Land Registry, and you have sufficient information of the address of the premises, you should be able to view results from the the Land Registry of the registered proprietor for a a minimal charge.