Last February we completed a house move in Manselton. We have since encountered a number of issues with the property which we believe were omitted in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that needed to have been ordered for conveyancing in Manselton?
The query is not clear as what problems have arisen and if they are specific to conveyancing in Manselton. Conveyancing searches and investigations undertaken as part of the buying process are carried out to help avoid problems. As part of the process, a seller fills in a questionnaire called a SPIF. answers provided is misleading, you could possibly take legal action 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 Manselton.
Me and my partner are purchasing a house in Manselton. It might be a silly question but how we can trust a solicitor? At some point we will need to deposit our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am the only beneficiary of my late father’s estate and I have everything in my name now, including the house in Manselton. Conveyancing formalities meant that the Land Registry date was in May. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship will be considered the same way as if I'd bought the property in May. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How practical a view mortgage companies take of it, depend on the mortgage company as this clause is primarily there to capture subsales or the flipping of property.
I have today made my last payment due on my mortgage with Principality. I assume I don't need a Manselton solicitor on the Principality panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Principality mortgage from the register. Principality, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
A friend advised me that if I am buying in Manselton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Manselton conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Manselton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Manselton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Manselton Education with maps and statistics, Local Amenities and other useful data regarding Manselton.
I have recentlybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Manselton for a purchase of a freehold house 10 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The easiest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Manselton conveyancing specialists.
I'm purchasing my first flat in Manselton benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of extras instead. The property agent advised me not disclose to my solicitor about this deal as it may affect my loan with Norwich and Peterborough Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
My husband and I are novice buyers - agreed a price, but the estate agent informed us that the vendor will only proceed if we use their recommended solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Manselton
It is unlikely the sellers are driving this. If they require ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Speak to the vendors direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your preferred Manselton conveyancing firm - as opposed tothose that will give their estate agent a introducer fee or hit his conveyancing thresholds pre-set by senior management.