Last June we completed a house move in Sheerness. We have noticed several problems with the house which we consider were overlooked in the conveyancing searches. What action can we take? What searches should? have been ordered as part of conveyancing in Sheerness?
It is not clear from the question as what problems have arisen and if they are relate to conveyancing in Sheerness. Conveyancing searches and investigations undertaken during the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, a property owner fills in a document referred to as a Seller’s Property Information Form. answers provided is incorrect, 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 Sheerness.
In what way does my ID and proof of funds have anything to do with my conveyancing in Sheerness? Is this really warranted?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with before they can accept their conveyancing instruction. The Client Care letter that you are required to sign will no doubt stipulate this. Your lender will also require certain documents to be checked. Where you are unwilling to provide identification documents, your solicitor would not be able to act for you.
What does a local search inform me concerning the property I am buying in Sheerness?
Sheerness conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for instance PSG The local search is essential in every Sheerness conveyancing purchase; as long as you don’t want any nasty once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I am purchasing a new build house in Sheerness with a mortgage from Accord Mortgages Ltd. The builders would not move on the price so I negotiated 6k of additionals instead. The property agent advised me not to tell my lawyer about this side-deal as it would adversely affect my loan 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.
Due to the input of my in-laws I had a survey completed on a property in Sheerness before appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor has said that some lenders will not give a mortgage on this type of home.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sheerness. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sheerness to see if the conveyancing will be more expensive.
I am on look out for some leasehold conveyancing in Sheerness. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.
If the lease is registered - and 99.9% are in Sheerness - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a leasehold flat in Sheerness, conveyancing having been completed 10 years ago. Can you work out an approximate cost of a lease extension? Corresponding flats in Sheerness with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease terminates on 21st October 2102
With 77 years remaining on your lease we estimate the price of your lease extension to span between £7,600 and £8,800 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.