Last August we completed a house move in Colyton. We have since encountered a number of issues with the house which we suspect were missed in the conveyancing searches. What action can we take? Can you clarify the type of searches that should have been ordered for conveyancing in Colyton?
It is not clear from the question as to the nature of the problems and if they are relate to conveyancing in Colyton. Conveyancing searches and due diligence initiated during the buying process are carried out to help avoid problems. As part of the process, the vendor answers a questionnaire known as a Seller’s Property Information Form. If the information proves to be incorrect, you could possibly take legal action 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 Colyton.
The Colyton conveyancing lawyers that just started acting on my house acquisition in Colyton have suddenly closed. I only went with them because I had to have a solicitor on the Nationwide conveyancing panel and my previous Colyton lawyer was not. I sent them a cheque for £250 in advance. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
I opted to have a survey carried out on a house in Colyton ahead of instructing conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not issue a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. 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 assist as they are used to dealing with flying freeholds in Colyton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Colyton to see if the conveyancing costs will increase in light of this.
I'm remortgaging my primary home to a buy to let loan with Virgin Money and I will use the ballance of the raised equity as a down payment on further house. The area we are looking at is Colyton. Will your solicitors be able to act for the two lenders and tie in the two deals?
Do use our comparison tool on this page to be sure that the solicitors are approved by both banks. Assuming that they are your lawyer should be able to tie up the two transactions but you should have a chat with you lawyer and make clear your expectations and needs.
My brother has recommend that I appoint his lawyers for conveyancing in Colyton. Should I use them?
Much as we are happy to recommend a Colyton conveyancing lawyer it’s preferable to select a conveyancing lawyer is to get guidance from friends or family who have actually experience in using the conveyancer that you are considering.
A licensed conveyancer dealt with my conveyancing in Colyton 8 years ago having stored my deeds but has now closed – What can I do to retreive them?
Deeds, as such, are no longer appropriate for the majority of homes in Colyton are registered digitally at Land Registry. If you need to show ownership or are selling or re-mortgaging your lawyer should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.