My brother and I have lately bought a property in Hurworth. We have since encountered a number of issues with the property which we believe were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been ordered as part of conveyancing in Hurworth?
The query is not clear as what problems have arisen and if they are unique to conveyancing in Hurworth. Conveyancing searches and due diligence initiated as part of the buying process are designed to help avoid problems. As part of the process, the vendor completes a questionnaire known as a Seller’s Property Information Form. If the information turns out to be incorrect, you may have a misrepresentation 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 Hurworth.
Are the BSA planning on creating a searchable register to list law firms on the Norwich and Peterborough Building Society conveyancing panel for example in Hurworth?
Lexsure has not been advised of any intention on the part of the BSA to promote such a tool.
I am buying my first flat in Hurworth with a mortgage from Alliance & Leicester . The sellers refused to reduce the price so I negotiated £7000 of extras instead. The estate agent told me not inform my conveyancer about the extras as it would affect my loan with Alliance & Leicester . Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I opted to have a survey completed on a house in Hurworth in advance of appointing lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend not issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. If you contact us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hurworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hurworth to see if the conveyancing costs will increase in light of this.
Taking into account that I am about to part with over three hundred thousand on a property in Hurworth I would like to talk to a conveyancer concerning thehouse move before giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your conveyancing in Hurworth.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Hurworth should be the figure that you end up paying.
I am purchasing a house and require a conveyancing solicitor in Hurworth who is on the bank solicitor panel. Could you point me in the right direction as regards a Hurworth solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who conduct conveyancing in Hurworth. We dont recommend any particular firm.