My wife and I have lately purchased a house in Norbury. We have noticed several problems with the house which we consider were overlooked in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been carried out as part of conveyancing in Norbury?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Norbury. Conveyancing searches and due diligence initiated during the legal transfer of property are designed to help avoid problems. As part of the process, the vendor answers a questionnaire known as a SPIF. answers ends up being inaccurate, you may have a misrepresentation 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 Norbury.
We are looking to buy a house and need a conveyancing solicitor in Norbury who is on the Kent Reliance solicitor panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Norbury.
We wanted to use a property lawyer in Norbury for our house purchase. Our financial adviser has since advised us that our mortgage lenders The Royal Bank of Scotland won't deal with them. Why is this not regarded as unfair competition?
A decade ago most lenders had an appetite for risk which was higher than today. Almost all Norbury conveyancing firms would have been on most lender panels. The financial services regulator in 2010 completed a thematic investigation into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms concerning their operations and their employees as well as set certain criteria such a completing on a minimum number of conveyancing. Many Norbury conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Norbury is one of the thousands of areas where the conveyancers we recommend are are approved The Royal Bank of Scotland.
I need some expedited conveyancing in Norbury as I have pressure to exchange contracts within one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Norbury the following are examples of what can be revealed and therefore affect future mortgageability: Enforcement Actions, Overdue Charges, Overdue Grants, Unadopted Roads,...
I used Arc property Solicitors a few years ago for my conveyancing in Norbury. Now, I need my documents however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate 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 Norbury of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build flat in Norbury. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Norbury
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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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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.