Should our solicitor be raising questions about flooding during the conveyancing in Petersfield.

The risk of flooding is if increasing concern for conveyancers specialising in conveyancing in Petersfield. There are those who buy a house in Petersfield, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.

Lawyers are not best placed to offer advice on flood risk, but there are a various searches that can be carried out by the buyer or by their lawyers which can give them a better appreciation of the risks in Petersfield. The conventional set of completed inquiry forms supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a usual question of the seller to discover whether the property has ever been flooded. In the event that the residence has been flooded in past and is not disclosed by the vendor, then a purchaser may issue a claim for damages stemming from an incorrect reply. A buyer’s lawyers may also carry out an enviro search. This will disclose whether there is a recorded flood risk. If so, further investigations should be carried out.

I opted to have a survey completed on a property in Petersfield prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will refuse to issue a mortgage on a flying freehold house.

It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Petersfield. Conveyancing will be smoother if you use a solicitor in Petersfield especially if they are acquainted with such properties in Petersfield.

How do I identify a Petersfield law firm on the conveyancing panel? I have wheels and am happy to travel upto 10miles to meet the lawyer.

Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of Petersfield conveyancing lawyers located nearest you. We have listed some Petersfield conveyancing firms at the bottom of this page and you can call them to check if they are on the member panel

I need to appoint a conveyancing solicitor for some conveyancing in Petersfield. I happened to discover a web site which seems to have the perfect solution If it is possible to get all this stuff completed via phone that would be ideal. Should I be concerned? What should out be looking out for?

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?

I’m about to sell my garden apartment in Petersfield. Conveyancing is yet to be initiated, but I have recently received a yearly maintenance charge invoice – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should pay the invoice as you normally would as all ground rent and service payments should be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Leasehold Conveyancing in Petersfield - A selection of Queries Prior to Purchasing

It is important to be aware whether fixing the lift or some other significant cost is pending to be shared amongst the tenants and may well dramatically increase the the service costs or require a specific payment. How many years are left on the lease?