Last December we completed a house move in Stamford. We have noticed several problems with the property which we suspect were missed in the conveyancing searches. Is there anything we can do? Can you clarify the nature of searches that needed to have been ordered as part of conveyancing in Stamford?
The question is not clear as what problems have arisen and if they are relate to conveyancing in Stamford. Conveyancing searches and due diligence initiated during the buying process are carried out to help avoid problems. As part of the process, a seller fills in a document known as a Seller’s Property Information Form. If the information provided is incorrect, you could possibly take legal action 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 Stamford.
Are the BSA planning on creating a searchable register to to identify practices on the Darlington Building Society conveyancing panel for instance in Stamford?
Lexsure has not been advised of any plans on the part of the BSA to promote such a tool.
I have been pointed in your direction by a number of property agents in Stamford to find a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to recommend your services ahead of a competitor’s?
We refuse to offer any referral fee for pointing buyers and sellers our way. We found it would be just too difficult a fee as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
In my capacity as executor for the will of my uncle I am disposing of a house in Monmouth but live in Stamford. My conveyancer (approximately 300 miles from merequires that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Stamford who can witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are based in Stamford
I am in need of some leasehold conveyancing in Stamford. Before diving in I would like to find out the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Stamford - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Stamford Leasehold Conveyancing - Examples of Questions you should ask Prior to buying
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The prefered form of lease arrangement is if the freehold interest is in the ownership of the leaseholders. In this scenario the leaseholders enjoy being in charge if their destiny and even though a managing agent is usually retained where the building is larger than a house conversion, the managing agent is directed by the tenants. Who are the managing agents? It is important to be aware if window replacement or some other major work is anticipated that will be shared amongst the leasehold owners and will dramatically increase the the maintenance fees or result in a specific payment.
I need to swap lawyers as my Stamford lawyer is not on the bank's approved list of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet appointed a solicitor to start work and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Stamford that you're considering.