Last July we completed a house move in Faversham. We have noticed several problems with the property which we believe were missed in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that needed to have been carried out for conveyancing in Faversham?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Faversham. Conveyancing searches and due diligence initiated during the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor completes a document referred to as a Seller’s Property Information Form. answers turns out to be inaccurate, 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 Faversham.
Having sold my house in Faversham last June but the buyer keeps telephoning daily to moan that their solicitor is waiting to hear from mine. What should have happened now that I have sold?
After completion of your sale your lawyer is committed to forward the transfer documentation and all of the paperwork to the purchaser's solicitors. Where relevant, your conveyancer should also evidence that the home loan has been redeemed to the purchasers solicitors. There are no post completion procedures peculiar conveyancing in Faversham.
I am close to exchanging contracts on the sale of our property in Faversham and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a factory type conveyancing outfit as opposed to a conveyancing solicitor in Faversham. We have lived in Faversham for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How do I use the search facility to get a costs illustration from a conveyancing solicitor in Faversham on the approved list for my lender?
First select a lender such as Santander, Leeds Building Society or Barclays Direct then choose your location for instance Faversham. Conveyancing organisations in Faversham and nationally will then be shown.
We are a fortnight into a freehold purchase having been recommend to conveyancers by the selling agent to execute conveyancing in Faversham. I am am starting to be dissatisfied with the quality of service. Could you you assist me in finding new lawyers?
A conveyancer would have to be really poor in order to consider changing them. Has your loan offer been issued? If so you will need to advise them of the replacement solicitor and ensure the loan are re-issued. Your new conveyancer needs to be on the mortgage company panel to avoid added fees and frustration. That should be your first question of the new conveyancers. Our find a solicitor tool can help you find a lender approved solicitor for your home move in Faversham
My nephew is about to join the property ladder, the home loan was agreed last week in principle. After the offer was accepted on house we telephoned the lender to issue the formal offer. I was disappointed to learn that banks do not accept all conveyancer, they have to be on a list, is this legal?
Mortgage Companies ordinarily imposes restrictions either the type or the number of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Faversham solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.