Last April we completed a house move in Rustington. We have noticed several problems with the property which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been ordered for conveyancing in Rustington?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Rustington. Conveyancing searches and due diligence initiated during the buying process are supposed to help avoid problems. As part of the process, the vendor completes a document known as a SPIF. If the information ends up being incorrect, you could possibly take legal action 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 Rustington.
Is it the case that all Rustington solicitor firms on the Skipton conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Skipton conveyancing panel they would need to be governed by the SRA. The majority of banks do permit licenced conveyancers on their panel and in that case the organisation would be governed by the CLC.
I am currently in the process of buying my council flat in Rustington. I have a mortgage agreed with Lloyds. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
After weeks of negotiation I have agreed a price on a house in Rustington. My mortgage broker pressured me to appoint their lawyer. I paid an upfront payment of £175. A few days later, the property lawyer called me embarrassingly acknowledging that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Should our conveyancer be asking questions concerning flooding as part of the conveyancing in Rustington.
The risk of flooding is if increasing concern for solicitors dealing with homes in Rustington. There are those who buy a house in Rustington, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, but there are a numerous searches that can be undertaken by the buyer or by their conveyancers which will give them a better understanding of the risks in Rustington. The conventional set of completed inquiry forms sent to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a standard question of the owner to discover if the premises has ever been flooded. In the event that flooding has previously occurred and is not disclosed by the vendor, then a purchaser could commence a legal claim for losses as a result of such an misleading response. A buyer’s lawyers will also commission an environmental search. This will reveal whether there is any known flood risk. If so, further inquiries should be initiated.
four months have gone by since my purchase conveyancing in Rustington completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Rustington is the location of the property. Can you shed any light on this issue?
Flying freeholds in Rustington are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rustington you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rustington may decide 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 residence.
We're novice buyers - had an offer accepted, but the estate agent advised that the vendor will only move forward if we instruct the agent's chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Rustington
We suspect that the owner is not behind this demand. Should the owner desire ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Contact the owners directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Rustington conveyancing firm - rather thanthe ones that will provide their negotiator at the agency a introducer fee or achieve conveyancing targets demanded by corporate headquarters.