My partner and I have lately acquired a property in Ranmoor. We have noticed several problems with the house which we consider were missed in the conveyancing searches. What action can we take? What searches should? have been ordered as part of conveyancing in Ranmoor?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in Ranmoor. Conveyancing searches and due diligence undertaken during the legal transfer of property are carried out to help avoid problems. As part of the legal transfer of property, a seller completes a document called a SPIF. If the information is misleading, you may have a misrepresentation claim 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 Ranmoor.
I am intent on selling our home in Ranmoor and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the purchasers instructed an online conveyancing practice rather than a conveyancing solicitor in Ranmoor. We have lived in Ranmoor for many years we know that this is a non issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who handled the conveyancing in Ranmoor 10 years ago have long since closed. What are my options?
You no longer need to hold title official documentation to prove you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
I am purchasing a new build house in Ranmoor with the aid of help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not disclose to my solicitor about the deal as it would impact my mortgage with the lender. Should I keep quiet?.
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.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Ranmoor is where the house is located. Is there any advice you can impart?
Flying freeholds in Ranmoor are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ranmoor you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ranmoor may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What makes a Ranmoor lease problematic?
Leasehold conveyancing in Ranmoor is not unique. All leases are unique and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:
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Insurance obligations A provision for the recovery of money spent for the benefit of another party.
You may have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Barnsley Building Society, and Barclays Direct all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the buyer to pull out.
Ranmoor Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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How long is the Lease? What is the annual service fee and ground rent? How many of the leaseholders are in arrears for their maintenance charge payments?