My partner and I have lately bought a property in Markfield. We have noticed several problems with the house which we suspect were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been conducted as part of conveyancing in Markfield?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in Markfield. Conveyancing searches and due diligence initiated as part of the buying process are supposed to help avoid problems. As part of the process, a seller fills in a document called a SPIF. answers proves to be inaccurate, 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 Markfield.
Are the BSA planning on creating a search tool with a view to list practices on the Coventry BS conveyancing panel for instance in Markfield?
Lexsure has not been advised of any plans on the part of the BSA to promote such a tool.
I am due to move home in July. Will my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you suggest a removal company in Markfield. Conveyancing solicitor was organised prior to coming across this page.
On the afternoon of completion you will need to collect the house keys from your property agent but this can only happen after the sellers lawyers inform the agent that the monies to complete are in and the keys can be collected. After that you can tell the removal men that they can start moving you in. We are not in a position to suggest a specific removal company but can help you locate a conveyancing in Markfield or a lawyer with expertise in conveyancing in Markfield.
My offer was accepted on an apartment in Markfield on 27/2/2025, valuation was booked 2 days later, all came back fine. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Skipton and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Skipton conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
Having digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Markfield solicitor - who is on the Coventry BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Markfield postcode. As you are getting a mortgage with Coventry BS, you could contact them to see if they have a list of approved surveyors in Markfield.
three months have elapsed since my purchase conveyancing in Markfield concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 asset 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.
About to purchase a new build flat in Markfield. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Markfield
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Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am looking at a two flats in Markfield both have approximately forty five years remaining on the lease term. Do I need to be concerned?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease shortens the saleability of the lease deteriorates and results in it becoming more expensive to extend the lease. This is why it is advisable to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease as mortgage lenders may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a solicitor and surveyor with experience in this area.
Markfield Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying
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The answer will be helpful as a) areas can cause problems for the building as the common areas may begin to deteriorate where maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will need to have all the details What is the length of the lease?