Last May we completed a house move in New Romney. We have since encountered a number of issues with the house which we consider were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that needed to have been carried out for conveyancing in New Romney?
The query is vague as to the nature of the problems and if they are specific to conveyancing in New Romney. Conveyancing searches and investigations undertaken as part of the legal transfer of property are designed to help avoid problems. As part of the process, a seller completes a document referred to as a Seller’s Property Information Form. answers provided is misleading, you could possibly take legal action 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 New Romney.
Will commercial conveyancing searches reveal impending roadworks that may impact a commercial property in New Romney?
Its becoming the norm that commercial conveyancing solicitors in New Romney will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in New Romney. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in New Romney.
For each commercial conveyancing transaction in New Romney it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to New Romney commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in New Romney.
I used Stirling Law a few years ago for my conveyancing in New Romney. I now require my papers but the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in New Romney of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been recommended by numerous estate agents in New Romney to get a quote from a solicitor on your site. Is there a financial upside for Estate Agents to recommend your site over and above another?
We don’t give any commission for directing people to this site. We thought it would be too underhand to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
What advice can you give us when it comes to finding a New Romney conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a property lawyer for lease extension works (regardless if they are a New Romney conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with several firms including non New Romney conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:
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How experienced is the practice with lease extension legislation? What are the charges for lease extension conveyancing?
Leasehold Conveyancing in New Romney - Examples of Queries before buying
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What is the service charge and ground rent on the flat? It would be a good idea to discover if the the lease includes any adverse restrictions in the lease. By way of example it is fairly common in New Romney leases that pets are not permitted in certain buildings in New Romney. If you love the apartmentin New Romney but your dog can’t make the move with you then you will be presented with a hard choice. Best to be warned whether fixing the lift or some other major work is anticipated that will be shared between the leasehold owners and may well materially impact the level of the service charges or result in a one off invoice.
Fiveweeks into purchasing a property in New Romney. Conveyancing solicitor has phoned to say the property is "Leasehold". Should this adversely affect our mortgage valuation?
New Romney conveyancing does not normally involve leasehold houses. The crucial factor here is the unexpired lease term and the ground rent. If there are hundred of years years remaining with a nominal rent, it's virtually freehold, so it shouldn't impact the marketability significantly.
On the flip side, if it's, say, Sixty years it will have a adverse effect on the value, and probably wouldn't be acceptable to the mortgage company. The remaining lease term and ground rent will be stated in the lease which should be made available to your lawyer.