My partner and I have just acquired a property in Norwood. We have noticed several problems with the house which we believe were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been conducted as part of conveyancing in Norwood?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Norwood. Conveyancing searches and due diligence initiated during the legal transfer of property are designed to help avoid problems. As part of the process, the vendor answers a questionnaire known as a SPIF. If the information proves to be misleading, you may have a misrepresentation claim against the vendor 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 Norwood.
I require fast conveyancing in Norwood as I am faced with pressure to exchange contracts within one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a cash buyer you have the choice not to have searches conducted although no law firm would suggest that you don't. With lots of history conveyancing in Norwood the following are examples of what can be revealed and therefore affect future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
I have recentlybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Norwood for a purchase of a leasehold flat 12 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The easiest method to check if the property is registered to you, you can carry out 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 Norwood conveyancing specialists.
How does conveyancing in Norwood differ for newly converted properties?
Most buyers of new build residence in Norwood come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because new home sellers in Norwood typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Norwood or who has acted in the same development.
In my capacity as executor for the will of my uncle I am selling a residence in Cardiff but reside in Norwood. My lawyer (approximately 200 kilometers awayhas requested that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Norwood who can witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are located in Norwood
At last I have had an offer on an flat in Norwood accepted, the vendor does nevertheless have an associated purchase. The owners have offered on a property, however it’s not been accepted yet, and has viewings of other apartments booked. I have instructed a nearby conveyancing solicitor in Norwood. What do I do now? When do I get the mortgage application with RBS started with RBS?
It is usual to have anxieties where there is an associated chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then survey, Norwood conveyancing search costs, etc). First, you should ensure that your conveyancing practitioner is on the RBS conveyancing panel. Regarding the subsequent phase this very much depends on the circumstances of your case, desire for this property and on the state of the market. During a hot market many buyers will apply for the mortgage with RBS and arrange for the valuation and only if it comes back ok would they request their lawyer to press on with searches.