Last May we completed a house move in Woodley. We have since encountered a number of problems with the property which we suspect were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been ordered as part of conveyancing in Woodley?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Woodley. Conveyancing searches and due diligence undertaken during the buying process are designed to help avoid problems. As part of the legal transfer of property, a seller completes a questionnaire called a Seller’s Property Information Form. If the information proves to be inaccurate, then you may have a 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 Woodley.
I have been referred to a conveyancing solicitor in Woodley. I I am struggling to find out whether they are accepted on the Britannia approved list of lawyers. Can you assist?
The first thing you should do is contact your lawyer and enquire if they can act for the bank. Otherwise please get in touch with Britannia who may be able to assist.
This question may be naive but I am unseasoned as FTB of a ground floor flat in Woodley. Do I collect the keys to the premises on completion from my lawyer? If this is the case, I will find a High Street conveyancing solicitor in Woodley?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you should be called to collect the keys from the Estate Agents and move into your new home. Usually this occurs early afternoon.
My wife and I purchasing a end of terrace house in Woodley. Our aim is to carry out a loft conversion at the property.Will the conveyancing process include investigations to ascertain if these works are prohibited?
Your property lawyer will review the deeds as conveyancing in Woodley can sometimes identify restrictions in the title documents which restrict categories of changes or necessitated the consent of another owner. Many works call for local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these things with a surveyor prior to committing yourself to a purchase.
We are getting the release of further monies on our home loan from Principality as we wish to conduct renovations to our house in Woodley. Do we need to appoint a high street Woodley solicitor on the Principality conveyancing panel to deal with the legals?
Principality do not ordinarily require firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality panel.
My wife and I are selling our home in Woodley and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Woodley lawyer would know that there is no such problem. It does beg the question why the purchasers are using an internet conveyancing outfit rather than a conveyancing solicitor in Woodley. Having lived in Woodley for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You should 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 health insurance to cover that same ailment)
I am looking for a flat up to £245,000 and found one close by in Woodley I like with open areas and railway links nearby, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in Woodley suitable, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage that many years will be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
If all goes to plan we aim to complete our sale of a £225,000 garden flat in Woodley on Monday in a week. The management company has quoted £384 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge such fees for a flat conveyance in Woodley?
Woodley conveyancing on leasehold flats normally necessitates the purchaser’s solicitor submitting questions for the landlord to address. Although the landlord is under no legal obligation to respond to these enquiries most will be willing to do so. They are entitled to invoice a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some cases it is above £800. The management information fee levied by the landlord must be sent together with a summary of rights and obligations in respect of administration fees, without which the invoice is not strictly payable. In reality you have little option but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
I am the registered owner of a leasehold flat in Woodley, conveyancing was carried out in 1995. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Woodley with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 per annum. The lease comes to an end on 21st October 2084
With 59 years remaining on your lease we estimate the premium for your lease extension to be between £20,900 and £24,200 plus legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.