My partner and I have just acquired a property in Tetbury. We have noticed several problems with the property which we believe were omitted in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that needed to have been ordered as part of conveyancing in Tetbury?
The query is not clear as what problems have arisen and if they are specific to conveyancing in Tetbury. Conveyancing searches and investigations undertaken during the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a seller fills in a form known as a Seller’s Property Information Form. If the information ends up being misleading, then you may have a 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 Tetbury.
When it comes to mortgage companies such as Coventry BS, do Tetbury conveyancing practitioners have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
Can you point me to a directory of Clydesdale panel conveyancers in Tetbury on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. A small selection of mortgage companies make their panel listings open the public on the web. If you are looking for a Tetbury property lawyer on the Clydesdale please use our facility.
My sealed bid on a semi in Tetbury has been agreed to, the sellers do however have a connected purchase. The sellers have offered on a property, however it’s not yet tied up, and have viewings of other properties in the pipeline. I have chosen a nearby conveyancing solicitor in Tetbury. What should be my next step? When should I get the mortgage application with Principality started?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx one thousand pounds, then survey, Tetbury conveyancing search costs, etc). First, you should check that your solicitor is on the Principality conveyancing panel. Concerning the subsequent phase this very much depends on the uniqueness of your case, attraction to the property and on the state of the market. In a buoyant market many purchasers would apply for the mortgage with Principality and pay for the valuation and only if it comes back ok would they ask their conveyancing practitioner to move forward with the conveyancing in Tetbury.
Despite weeks of looking the Title Certificate and documents to our house are lost. The conveyancers who dealt with the conveyancing in Tetbury 5 years ago no longer exist. Will I be able to sell the house?
You no longer need to have the physical deeds to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
I'm purchasing my first flat in Tetbury benefiting from help to buy. The developers would not reduce the price so I negotiated 6k of extras instead. The estate agent advised me not disclose to my conveyancer about the side-deal as it could adversely affect my mortgage with Lloyds TSB Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am a sole trader planning to take over a lease of an office on the high street. Can you recommend lawyers offering competitive costs for non-domestic conveyancing in Tetbury for below 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Tetbury, including the sale and purchase of businesses as well as simply property. Whether you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right lawyer. As for the charges these will vary based on the structure and nuances of the deal. Please provide us with your contact information or telephone so as to enable us to furnish you with a fixed commercial conveyancing calculation.
As co-executor for the will of my grandmother I am disposing of a house in Newport but live in Tetbury. My lawyer (who is 200 miles awayneeds me to sign a stat dec before completion. Could you suggest a conveyancing solicitor in Tetbury to witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are based in Tetbury