This question may be naive but I am unexperienced as FTB of a garden flat in Brimsdown.Do I collect the keys to the property on completion from my lawyer? If so, I will use a local conveyancing solicitor in Brimsdown?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the seller's solicitors, and shortly after the monies have arrived, you should be called to receive the keys from the property Agents and move into your new home. This tends to happen early afternoon.
Will our conveyancer be raising enquiries regarding flooding during the conveyancing in Brimsdown.
Flooding is a growing risk for solicitors dealing with homes in Brimsdown. There are those who acquire a house in Brimsdown, completely aware that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not qualified to offer advice on flood risk, however there are a various checks that may be initiated by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Brimsdown. The standard information given to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the owner to discover if the premises has ever been flooded. In the event that flooding has previously occurred which is not disclosed by the seller, then a purchaser may commence a compensation claim stemming from an misleading response. The purchaser’s solicitors may also order an enviro search. This should higlight if there is a recorded flood risk. If so, further inquiries should be conducted.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a simple, no chain conveyancing. Brimsdown is the location of the property. Can you shed any light on this issue?
Flying freeholds in Brimsdown are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Brimsdown you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brimsdown may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.