Last August we completed a house move in Burton Latimer. We have since encountered a number of problems with the house which we believe were overlooked in the conveyancing searches. Is there anything we can do? Can you clarify the nature of searches that should have been ordered for conveyancing in Burton Latimer?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Burton Latimer. Conveyancing searches and due diligence undertaken during the legal transfer of property are supposed to help avoid problems. As part of the process, the vendor fills in a form referred to as a Seller’s Property Information Form. answers is inaccurate, 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 Burton Latimer.
Are the BSA intent on creating a searchable register to list firms on the Norwich and Peterborough Building Society conveyancing panel for instance in Burton Latimer?
We would not expect to be advised of any intention on the part of the BSA to develop such a search facility.
Do commercial conveyancing searches disclose proposed roadworks that could affect a commercial property in Burton Latimer?
Its becoming the norm that commercial conveyancing solicitors in Burton Latimer will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Burton Latimer. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Burton Latimer.
For each commercial conveyancing transaction in Burton Latimer it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Burton Latimer commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Burton Latimer.
I am looking for a flat up to £305k and identified one near me in Burton Latimer I like with a park and transport links nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Burton Latimer in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan that many years may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I am looking into buying my first house which is in Burton Latimer and I am already nervous. I couldn't find anything specific about Burton Latimer. Conveyancing will be needed in due course but do you know about the Burton Latimer area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Burton Latimer. In the meantime here are some basic statistics that we found
Myself and my husband have recently had an offer accepted on a property and had an appointment on Tuesday with Nationwide for the mortgage. They advised me that when it comes to selecting a conveyancing practitioner that unless they are on their approved panel of property lawyers then we will incur a further fee of about two hundred pounds. This is because they would then have to instruct a conveyancer to act for them in addition to the one we choose to act for ourselves and we are liable for their invoice. I have asked Nationwide to send me with a list so I can obtain quotes only from their approved conveyancers but was told they dont have such a list to hand over. Is there a list online?
You can enquire of Nationwide what their criteria for panel membership is for a solicitor.Then ask the property lawyer of your choice whether they fit that criteria and have they acted on mortgages for Nationwide previously. Where the answer to those is yes, then just double check with Nationwide. Alternatively please make use of our search tool and we may be able to find you a property lawyer in Burton Latimer on the panel for Nationwide.