My wife and I have lately purchased a property in Whyteleafe. 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 as part of conveyancing in Whyteleafe?
The question is not clear as to the nature of the problems and if they are specific to conveyancing in Whyteleafe. Conveyancing searches and investigations initiated as part of the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor answers a questionnaire known as a Seller’s Property Information Form. If the information turns out to be inaccurate, you may have a misrepresentation claim 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 Whyteleafe.
Should conveyancers request money on account when it comes to conveyancing in Whyteleafe?
If you are buying a property in Whyteleafe your lawyer will request that you put them with monies to cover the search fees. Normally this is called for to cover the fees of the Local Authority Search. When the down payment is as part of the total price then this should be required shortly in advance of exchange of contracts. The final balance that is needed should be transferred shortly before completion.
I used Wolstenholmes a few years ago for my conveyancing in Whyteleafe. Now, I need the files but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Whyteleafe of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build flat in Whyteleafe. Conveyancing is daunting 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 legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Whyteleafe
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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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in Whyteleafe I like with amenity areas and station in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Whyteleafe in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the remaining unexpired lease term may be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
I'm refinancing my primary property to a buy to let mortgage with Halifax and intend to use the remaining equity as a down payment on a second property. The neighborhood we are looking at is Whyteleafe. Will your solicitors be able to act for both sets of lenders and link together the conveyances?
Do use our comparison tool on this site to be sure that the conveyancers are on the relevant lender panels. On the basis that they are the lawyer will be able to tie up the two transactions but you should have a chat with you conveyancer and specify your expectations and needs.