Should my conveyancer be raising enquiries concerning flooding as part of the conveyancing in Turnham Green.

The risk of flooding is if increasing concern for lawyers dealing with homes in Turnham Green. Some people will acquire a house in Turnham Green, fully expectant 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 get a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.

Solicitors 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 solicitors which can figure out the risks in Turnham Green. The standard completed inquiry forms given to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) includes a standard inquiry of the vendor to discover if the premises has suffered from flooding. If flooding has previously occurred and is not notified by the seller, then a buyer may issue a compensation claim as a result of such an incorrect answer. A buyer’s solicitors will also carry out an enviro search. This should reveal if there is a recorded flood risk. If so, additional inquiries should be initiated.

How does conveyancing in Turnham Green differ for new build properties?

Most buyers of new build or newly converted property in Turnham Green come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Turnham Green usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Turnham Green or who has acted in the same development.

I am a sole trader planning to lease a unit on a shopping parade. Can you recommend solicitors offering fixed costs for commercial conveyancing in Turnham Green for under £1,200?

We can recommend firms who host a wealth of experience of commercial conveyancing in Turnham Green, including the disposal and acquisition of businesses as well as simply property. Whether you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right lawyer. As for the fees these will vary based on the structure and nuances of the deal. Let us have your contact information or phone us so that we can provide you with a detailed commercial conveyancing calculation.

I own a ground-floor 1960’s flat in Turnham Green. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

You certainly can. We are happy to put you in touch with a Turnham Green conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Turnham Green property is Flat 1 30 Ennismore Avenue in September 2010. the Tribunal adopted and arrived at a premium for the lease extension of £29, 900 This case related to 1 flat. The unexpired residue of the current lease was 68.34 years.

When it comes to leasehold conveyancing in Turnham Green what are the most common lease problems?

Leasehold conveyancing in Turnham Green is not unique. Most leases are individual and legal mistakes in the legal wording can sometimes mean that certain provisions are not included. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building Maintenance charge proportions which don’t add up to the correct percentage

A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, The Royal Bank of Scotland, and Britannia all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to withdraw.

My brother-in-law has suggested I instruct a conveyancing solicitor in Turnham Green. I I would like to check if they are on the lender's approved list of lawyers. Could you or the bank confirm if they are on the panel?

You should call your solicitor to check if they are on the bank's panel. If that does not help call us and we can make some checks for you. If they are not on the conveyancing panel we we can help find a reputable conveyancing solicitor in Turnham Green on the panel for your lender.