What specific things do I need to look out for if I’m buying a house on the coast?
With worsening weather and floods now becoming increasingly commonplace, with the media remarking on it in depth, buying a property that has a likelihood of flooding is a difficult decision to make. Not only is there the issue of cleaning up if it does flood, but insurance premiums will be much higher (and perhaps even prohibitive).
For homes in coastal areas, there is also the problem of coastal erosion, where some properties have been seen to literally fall into the sea.
However, the good news is that picking a home in a coastal region doesn’t automatically mean that it’s going to be subject to flooding or that it’s eventually going to slip into the sea. The searches ordered by your conveyancing solicitor will identify the level of risk associated with the property and, based on this, your solicitor may recommend that you take out specialist reports (e.g. from Landmark or other organisations) to get a more in-depth description of the risks and options. These are in addition to the standard set and will be charged to you as a disbursement at cost.
Your surveyor will also be able to identify evidence of previous floods and other problems during their inspection and provide advice in their report. If the problems are considered sufficiently severe, the surveyor may also note the specifics for further investigation by your conveyancing solicitor.
Which local authority looks after Woodbridge?
Woodbridge is located in Suffolk Coastal District Council, Melton Hill, Woodbridge, Suffolk, IP12 1AU, Call: 01394 383 789
Can you state how we bypass paying SDLT?
Stamp duty mitigation is not advised when buying in Woodbridge. Such schemes are highly expensive and HMRC may challenge a scheme up to six years later meaning that the full stamp duty amount will then be due.
A right of way on the property I’m buying is redundant, but how do I get it removed from the deeds and registry?
A right of way through the grounds of a property is probably an inheritance before other building in the vicinity occurred that has since made the passage through redundant.
But, while having the right of way registered with the deeds means that feasibly someone could insist that they use it (as their public right), but, if they can’t access where the right of way originally led, it makes it a pointless activity.
It’s so unlikely that anyone will want to do this that you have to weigh up the cost of the legal process to get the right of way officially removed against not proceeding. However, if you are at all worried, talk to your solicitor so that it can be investigated further as part of the conveyancing, at which point they can guide you on the appropriate action and the associated costs (this will be in addition to the standard fees for the conveyancing and your solicitor will advise of this additional cost).
Homeward Legal's solicitors provide transparent quotes, detailing what is included in the fees and disbursements and will help with estimates for additional legal work. So, now is the best time to get your conveyancing under way on 0800 038 6699.
Which of the lender panels in Woodbridge are your solicitors members of?
Homeward Legal have worked with the majority of lenders. A number of mortgage specialists operate in Woodbridge, including Gatehouse Insurance, 19-23 Fore St, Ipswich, IP4 1JW, Australian Mortgages, 42 Ivry St, Ipswich, IP1 3QW, and Aston Mortage Solutions, Southgate House/Plough Rd, Great Bentley, Colchester, CO7 8LG.
I have got a quote from you. Will we be charged any extra costs when the move completes?
No. Homeward Legal will not charge any hidden extra costs. Some solicitor do not give accurate quotes, only estimates. The bill you receive on completion can be much greater.
We are purchasing a property in the parish of Harkstead. Will a chancel search be required?
Your conveyancing solicitor might recommend a chancel search. Through some Parochial Church Councils have exercised their right to charge chancel repairs on the current owners of affected property, there is no guarantee that a parish where dues have not recently been paid will not continue to be so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.
At what point do you need to find a solicitor in Woodbridge?
Simply, the earlier in the process you can instruct a solicitor, the better, as conveyancing involves several tasks which may be performed immediately. Prompt instruction of a solicitor can limit the risk of the sale or purchase falling though.