Last February we completed a house move in Silsoe. We have since encountered a number of problems with the property which we consider were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been ordered for conveyancing in Silsoe?
The question is not clear as what problems have arisen and if they are unique to conveyancing in Silsoe. Conveyancing searches and investigations undertaken during the legal transfer of property 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 provided is incorrect, 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 Silsoe.
Can your site be used to recommend a Conveyancing solicitor in Silsoe even if I’m not purchasing or selling a house, for example if I wish to buy an office in Silsoe with a mortgage from Barclays ?
Our comparison service is primarily there to help choose residential conveyancing solicitors in Silsoe but we have listed at the end of this page a few Silsoe commercial conveyancing firms. You should speak with the solicitors directly to establish if they can also act for Barclays
Are the BSA planning on creating a search tool with a view to list practices on the Darlington Building Society conveyancing panel for instance in Silsoe?
We have not been informed any plans on the part of the BSA to develop such a search facility.
Can you point me to a directory of Bank of Ireland panel conveyancers in Silsoe on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few banks make their panel listings available online. If you are in need of a Silsoe lawyer on the Bank of Ireland please use our facility.
I am selling my apartment. I had a double glazing fitted in February 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Virgin Money are being difficult. The Silsoe solicitor who is on the Virgin Money conveyancing panel is recommending indemnity insurance as a solution but Virgin Money are insisting on a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Intending to buy a flat in Silsoe. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Silsoe lawyer is on the Lloyds conveyancing panel.
I have been on the look out for a leasehold apartment up to £305k and identified one close by in Silsoe I like with amenity areas and transport links in the vicinity, however it only has 51 years on the lease. There is not much else in Silsoe suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the shortness of the lease will be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
My wife and I purchased a leasehold house in Silsoe. Conveyancing and Nationwide Building Society mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Silsoe who previously acted has long since retired. Do I pay?
First contact the Land Registry to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Silsoe conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Silsoe Leasehold Conveyancing - Examples of Queries before buying
Does the lease include onerous restrictions? Best to be warned whether a new roof is being installed or some other significant cost is pending that will be shared by the leaseholders and will materially increase the the maintenance fees or necessitate a specific payment. This question is helpful as a) areas may cause problems for the building as the common areas may start to deteriorate where maintenance are not paid for b) if the leasehold owners have a dispute with the running of the building you will wish to have all the details