My brother and I have just purchased a property in Braintree. We have noticed several issues with the property which we believe were omitted in the conveyancing searches. Is there anything we can do? What searches should? have been carried out as part of conveyancing in Braintree?
The query is not clear as to the nature of the problems and if they are specific to conveyancing in Braintree. Conveyancing searches and due diligence initiated as part of the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor fills in a document known as a SPIF. If the information turns out to be misleading, then you may have a claim 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 Braintree.
My uncle advised me that in purchasing a property in Braintree there could be various restrictions preventing external changes to the property. Is this right?
There are anumerous of properties in Braintree which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Braintree should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Please help - my lawyer advises that restrictive coveneant insurance is required on my purchase. What is the level of cover for Braintree conveyancing?
The right level of restrictive coveneant indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and Leeds Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
I can not fathom if my mortgage offer requires a lease extension. I have called into my local Braintree building society branch on numerous occasions and was informed it wasn't a problem and they would lend. My Braintree conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their specific requirements. Who do I believe?
Your conveyancer has to comply with the Council of Mortgage Lenders’ Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
What does a local search inform me concerning the property I am buying in Braintree?
Braintree conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search organisations such as Xpress Legal The local search is essential in every Braintree conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search should supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Braintree is the location of the property. Can you offer any advice?
Flying freeholds in Braintree are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Braintree you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Braintree 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 property.
My husband and I are novice buyers - agreed a price, but the property agent advised that the seller will only move forward if we use the agent's preferred conveyancers as they want a ‘quick sale’. We would rather use a family solicitor used to conveyancing in Braintree
We suspect that the seller is unaware of this ultimatum. Should the owner want ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Try to communicate with the vendors directly and make sure they comprehend that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you intend to instruct your preferred Braintree conveyancing lawyers - rather thanthose that will earn their negotiator at the agency a introducer fee or hit his conveyancing figures demanded by head office.
My boyfriend is purchasing a garden flat in Braintree. He was given a quote by the conveyancing practitioner connected to the estate agents totaling £1275 . It was 7 years ago I sold and bought a home and the bill was £495. Have charges really gone up that much?
You should contact a few local Braintree conveyancing firms seeking prices. It is advisable to base your choice not only on cost, but on promptness and on how comprehensive the reply was.