Last November we completed a house move in Chellaston. We have since encountered a number of issues with the house which we believe were overlooked in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that needed to have been conducted as part of conveyancing in Chellaston?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in Chellaston. Conveyancing searches and investigations initiated as part of the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, the vendor answers a document known as a Seller’s Property Information Form. If the information proves to be misleading, then you may have a claim against the vendor 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 Chellaston.
My wife and I are purchasing a house in Chellaston. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
What is your number one tip for finding a conveyancing solicitor in Chellaston
Do not opt for the lowest Chellaston conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
Is it the case that all Chellaston solicitor firms on the Santander conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Santander approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Some mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.
What can a local search tell me regarding the property my wife and I purchasing in Chellaston?
Chellaston conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for example Xpress Legal The local search plays an important part in most Chellaston conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search will reveal information on, amongst other things, details on planning applications applicable 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.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Chellaston?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Chellaston. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What advice can you give us when it comes to choosing a Chellaston conveyancing practice to deal with our lease extension?
If you are instructing a solicitor for lease extension works (regardless if they are a Chellaston conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you talk with two or three firms including non Chellaston conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:
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Can they put you in touch with clients in Chellaston who can give a testimonial? What are the charges for lease extension work?
I invested in buying a 2 bed flat in Chellaston, conveyancing having been completed in 1999. How much will my lease extension cost? Similar flats in Chellaston with a long lease are worth £211,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2093
With just 68 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.
My partner is purchasing a studio flat in Chellaston. He has received a fee estimate by the lawyer recommended by the selling agents totaling £1385 . It was 7 years ago I sold and bought a home and the fee was £500. Have costs really gone up that much?
You should e-mail two or three local Chellaston conveyancing firms requesting prices. You should base your choice not just on cost, but on promptness and on how comprehensive the response is.