Last April we completed a house move in Lifton. We have since encountered a number of problems with the property which we consider were missed in the conveyancing searches. What action can we take? Can you clarify the nature of searches that needed to have been carried out for conveyancing in Lifton?
The query is vague as what problems have arisen and if they are unique to conveyancing in Lifton. Conveyancing searches and investigations undertaken during the buying process are supposed to help avoid problems. As part of the legal transfer of property, a seller fills in a form called a SPIF. If the information turns out to be incorrect, then you may have a 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 Lifton.
Is it necessary to take out insurance to cover chancel repairs when purchasing a property in Lifton?
Unless a previous purchase of the house completed post 12 October 2013 you could assume that lawyers handling conveyancing in Lifton to continue to advocate a chancel search and or chancel repair liability policy.
I am buying my first flat in Lifton with a mortgage from Santander. The developers would not move on the price so I negotiated 6k of additionals instead. The estate agent advised me not reveal to my solicitor about the side-deal as it would impact my loan with Santander. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
What does commercial conveyancing in Lifton cover?
Lifton conveyancing for business premises incorporates a broad range of advice, offered by qualified solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
In my capacity as executor for the will of my grandfather I am disposing of a house in Newport but I am based in Lifton. My solicitor (based 235 miles awayrequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Lifton to witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Lifton based
What is the difference between surveying and conveyancing in Lifton?
Conveyancing - in Lifton or anywhere in England and Wales - is the process of legally transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are purchasing and will help you find out about the condition of the building and, if there are problems, give you leverage for negotiating the purchase price down or asking the vendor to remedy the problems prior to you move in.