My partner and I have lately acquired a property in Forest of Dean. We have noticed several problems with the property which we consider were overlooked in the conveyancing searches. What action can we take? What searches should? have been carried out for conveyancing in Forest of Dean?
The question is not clear as to the nature of the problems and if they are relate to conveyancing in Forest of Dean. Conveyancing searches and investigations undertaken as part of the buying process are supposed to help avoid problems. As part of the legal transfer of property, a seller completes a document known as a Seller’s Property Information Form. If the information proves to be misleading, you may have a misrepresentation 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 Forest of Dean.
How do I find out if the solicitor carrying out my conveyancing in Forest of Dean is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus spending £192.00 in additional conveyancing bill.
Please do make use of the find a lender approved solicitor tool on this site. Pick the mortgage company and type ‘Forest of Dean’ or your preferred area and you will see a number of lawyer located in Forest of Dean or near you.
This question may be naive but I am unseasoned as a 1st time purchaser of a ground floor flat in Forest of Dean. Do I receive the keys to the premises on the completion date from my conveyancer? If so, I will instruct a local conveyancing solicitor in Forest of Dean?
On the day of completion you will not be required to go to the conveyancers office in Forest of Dean. Your solicitors will transfer the purchase money to the seller's conveyancers, and once they have received this, you will be called to pick up the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
The formalities of my remortgage has taken place for my property in Forest of Dean. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Forest of Dean bank branch on various occasions and was reassured it wasn't a problem and they would lend. My Forest of Dean conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they would not lend based on their published requirements. I have no idea who is right.
Your property lawyer has to comply with the CML Handbook section two conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
three months have gone by following my purchase conveyancing in Forest of Dean completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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 property 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.
I am buying a new build apartment in Forest of Dean. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Forest of Dean
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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.
We're novice buyers - had an offer accepted, but the selling agent has warned us that the owners will only go ahead if we appoint the agent's chosen conveyancers as they need an ‘expedited deal’. We would rather use a local conveyancer used to conveyancing in Forest of Dean
We suspect that the owner is unaware of this ultimatum. If they want ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are motivated buyers (b)you are ready to go, with finances in place © you are chain free (d) you wish to move quickly (e)however you intend to appoint your preferred Forest of Dean conveyancing firm - not the ones that will give their estate agent a introducer fee or achieve conveyancing figures set by head office.