Last January we completed a house move in Magor. We have since encountered a number of issues with the house which we believe were overlooked in the conveyancing searches. What action can we take? What searches should? have been conducted for conveyancing in Magor?
The query is not clear as to the nature of the problems and if they are relate to conveyancing in Magor. Conveyancing searches and investigations undertaken during the buying process are supposed to help avoid problems. As part of the process, a property owner completes a form known as a SPIF. If the information is 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 Magor.
Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a garden flat in Magor. Do I receive the keys to the property on completion from my lawyer? If this is the case, I will instruct a High Street conveyancing solicitor in Magor?
On the day of completion you do not need to go to the conveyancers office in Magor. Your solicitors will transfer the completion advance to the seller's lawyers, and once they have received this, you should be invited to receive the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
My partner and I have arranged a further advance on our home loan from Skipton as we want to conduct a loft conversion to our property in Magor. Do we need to choose a high street Magor solicitor on the Skipton conveyancing panel to deal with the paperwork?
Skipton do not ordinarily instruct firms on their conveyancing panel 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 Skipton panel.
I recently had an offer agreed on an apartment in Magor. My mortgage broker recommended their conveyancers. I paid an upfront payment of £225. A few days later, the solicitor called me sheepishly admitting that they were not on the Co-operative 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 Co-operative 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.
I am a sole trader planning to lease a unit on the high street. Can you recommend solicitors offering no-move-no charges for commercial conveyancing in Magor for below £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Magor, including the sale and acquisition of businesses as well as simply premises. Whether you are intending to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the costs these will vary based on the structure and terms of the deal. Let us have your contact information or email so as to enable us to supply you with a detailed commercial conveyancing calculation.
I need to instruct a conveyancing solicitor in Magor for my house move. Is it possible to see a firm’s record with the legal regulator?
Anyone can see published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator could monitor call for training requirements.
I own a leasehold house in Magor. Conveyancing and Bank of Scotland mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Magor who acted for me is not around. Any advice?
First contact the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Magor conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I bought a studio flat in Magor, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Magor with a long lease are worth £195,000. The ground rent is £45 yearly. The lease ends on 21st October 2087
You have 63 years left to run we estimate the price of your lease extension to span between £16,200 and £18,600 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
Should I stop the direct debit for my mortgage with RBS as soon as a completion date for my home sale in Magor has been set?
No, you should keep paying any mortgage sums to RBS pending the mortgage being discharged on completion as part of your Magor conveyancing.