My partner and I have recently acquired a house in Bosham. We have since encountered a number of problems with the property which we suspect were missed in the conveyancing searches. Is there anything we can do? Can you clarify the nature of searches that should have been conducted as part of conveyancing in Bosham?
The question is vague as what problems have arisen and if they are relate to conveyancing in Bosham. Conveyancing searches and investigations initiated during the legal transfer of property are carried out to help avoid problems. As part of the legal transfer of property, a seller fills in a document called a SPIF. If the information provided is incorrect, you could possibly take legal action against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Bosham.
My uncle passed away six months ago and as sole heir and executor I was left the house in Bosham. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this allowed?
If you plan to re-mortgage then Bank of Ireland will insist on your using a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
My relative suggested that if I am buying in Bosham I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Bosham conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Bosham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bosham Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Bosham Education with maps and statistics, Local Amenities and other useful information about Bosham.
I decided to have a survey done on a property in Bosham before retaining solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bosham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bosham to see if the conveyancing will be more expensive.
I'm remortgaging my current house to a buy to let mortgage with Accord Mortgages Ltd and I will use the rest of the raised equity towards a second property. The location we are looking at is Bosham. Will your lawyers be able to act for both sets of banks and link together the two deals?
Do use our search tool on this site to check that the conveyancers are approved by both lenders. Assuming that they are your solicitor should be able to tie up the two transactions but you should have a chat with you solicitor and specify your expectations and needs.
In surfing the web for the phrase cheap conveyancing in Bosham it brings up numerous solicitorsin the vicinity. With so much choice what is the best way to find the right conveyancer for my move?
The preferential method of seeking the right conveyancer is via personal referral, so enquire of colleagues and relatives who have purchased a property in Bosham or a local estate agent or financial adviser. Costs for conveyancing in Bosham vary, so it's sensible to request at least four fee estimates from different law firms. Make sure that you know what costs in the quote includes.