My partner and I have recently bought a property in Limehouse. We have since encountered a number of issues with the house which we consider were overlooked in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been ordered as part of conveyancing in Limehouse?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Limehouse. Conveyancing searches and due diligence undertaken during the buying process are carried out to help avoid problems. As part of the process, a property owner answers a form called a Seller’s Property Information Form. answers turns out to be inaccurate, 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 Limehouse.
Due to the encouragement of my in-laws I had a survey completed on a house in Limehouse prior to instructing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies will not grant a mortgage on such a house.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Limehouse. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I search for a Limehouse law firm on the Chelsea Building Society conveyancing panel? I have a car and am prepared to travel upto 20miles to meet the solicitor.
You can use the facility on this page. Please select a bank and your location and you will see a number of Limehouse conveyancing lawyers located nearest you. We have detailed some Limehouse conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Chelsea Building Society panel
I am using a search engine for the words cheap conveyancing in Limehouse it brings up many conveyancersin the area. With so much choice what is the best way to find the suitable property lawyer for me?
The ideal way of seeking a suitable conveyancer is through a personal recommendation, so seek the guidance of friends and those you trust who have acquired a property in Limehouse or a reputable estate agent or mortgage broker. Costs for conveyancing in Limehouse vary, so it's advisable to obtain a minimum of four quotes from different companies. Make sure that you know what costs in the quote includes.
My wife and I purchased a leasehold flat in Limehouse. Conveyancing and Birmingham Midshires mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1995. The conveyancing solicitor in Limehouse who acted for me is not around. Any advice?
The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Limehouse conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Having spent years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Limehouse. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We can put you in touch with a Limehouse conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Limehouse residence is 26 Rhondda Grove in June 2009. The net price payable by the leaseholders as determined by the Tribunal was £3,015.13. This comprised £11,300 premium for the reversion less £8,284.87 costs as ordered by the County Court.
Is it necessary during the course of the conveyancing process to attend the offices of the lender conveyancing panel solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Limehouse as it will be easier to attend their offices if necessary.
Whereas this was necessary twenty years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Limehouse.