Last December we completed a house move in Liphook. We have since encountered a number of issues with the house which we believe were omitted in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been carried out for conveyancing in Liphook?
The query is vague as what problems have arisen and if they are specific to conveyancing in Liphook. Conveyancing searches and due diligence initiated during the buying process are carried out to help avoid problems. As part of the legal transfer of property, the vendor fills in a document known as a Seller’s Property Information Form. answers proves to be misleading, 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 Liphook.
Having sold my house in Liphook last September yet the purchaser is calling every few hours to moan that their conveyancer is waiting to hear from myconveyancer. What should my lawyer have done following completion?
After completion of your disposal your lawyer should deliver the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer should also evidence that the home loan has been discharged to the purchasers lawyers. There are no post completion formalities peculiar conveyancing in Liphook.
Is there a search tool that I can use to investigate if the solicitor conducting my conveyancing in Liphook is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Coventry Building Society thus spending £192.00 in supplemental legal charges.
You should make the most of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type ‘Liphook’ or your preferred area and you will discover numerous solicitors located in Liphook or near you.
I happen to be the only beneficiary of my late grandmother’s estate and I have everything in my name alone, including the house in Liphook. Conveyancing formalities meant that the Land Registry date was in March. I plan to dispose of the house. I do know about the CML 6 month 'rule', meaning my proprietorship could be treated the same way as though I had purchased the property in March. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. Some mortgage companies would take a practical view as this provision is principally there to identify subsales or the flipping of properties.
How can we tell if a Liphook conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Liphook obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer carrying out your conveyancing.
I have paid off my mortgage with Virgin Money. I assume I don't need a Liphook lawyer on the Virgin Money panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Virgin Money mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Virgin Money mortgage from the register. Virgin Money, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
I have been told that property searches are a common cause of hinderance in Liphook house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Liphook.
It has been 4 months since my purchase conveyancing in Liphook completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 premises 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.