My partner and I have lately acquired a property in Fernhill Heath. We have since encountered a number of problems with the house which we believe were missed in the conveyancing searches. What action can we take? Can you clarify the type of searches that needed to have been conducted for conveyancing in Fernhill Heath?
It is not clear from the question as to the nature of the problems and if they are relate to conveyancing in Fernhill Heath. Conveyancing searches and due diligence initiated during the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a seller fills in a form referred to as a SPIF. answers is inaccurate, you may have a misrepresentation claim against the owner 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 Fernhill Heath.
It has been 4 months following my purchase conveyancing in Fernhill Heath took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in Fernhill Heath I like with open areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Fernhill Heath for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan that many years will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
My uncle has recommend that I use his lawyers for conveyancing in Fernhill Heath. Should I choose my own property lawyer?
There are no two ways about it the ideal way to select a conveyancing practitioner is to seek referrals from friends or relatives who have experience in using the firm you're are thinking of instructing.
If all goes to plan we aim to complete the sale of our £125,000 flat in Fernhill Heath on Wednesday in a week. The landlords agents has quoted £360 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Fernhill Heath?
For most leasehold sales in Fernhill Heath conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-exchange enquiries
Where consent is required before sale in Fernhill Heath
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Fernhill Heath - A selection of Queries before Purchasing
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Is the freehold reversion owned jointly by the leaseholders? What prohibitions are there in the Fernhill Heath Lease? For most Fernhill Heath leaseholds the cost for major works are not incorporated into the maintenance charges, albeit that there some managing agents in Fernhill Heath ask leasehold owners to contribute towards a reserve fund created for the specific intention of establishing a fund for major works.
My a decade ago. He has since got married, widowed and is now remarried. He now wishes to dispose of the Fernhill Heath property. I suspect that he will simply be asked to provide a copy of the marriage certificates to the conveyancing practitioner however he is concerned it could hold up the sale of the flat. Is it worth updating the land title details for the property?
It is not absolutely necessary to update the register on the basis that you have the proof needed to demonstrate how the change of name resulted.
Any purchaser’s lawyer should review the registered details and ask for evidence to establish the change of name for instance marriage certificates.