Last August we completed a house move in Toddington. We have since encountered a number of problems with the house which we believe were omitted in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that should have been carried out for conveyancing in Toddington?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Toddington. Conveyancing searches and investigations initiated during the legal transfer of property are designed to help avoid problems. As part of the process, a seller answers a form referred to as a Seller’s Property Information Form. answers turns out to be incorrect, 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 Toddington.
I am assisting my sister sell her house in Toddington. Does the solicitor arrange the EPC or do I organise this?
After the abolition of Home Information Packs, EPC’s was retained a required element of selling a house. An EPC needs to be commissioned before the property is put on the market. It is not as aspect of the sale process that conveyancers normally arrange. Where you are using a Toddington conveyancing solicitor they might be willing to arrange energy performance certificates due to their relationships with reputable local assessors
I am the single recipient of my late father’s will with all property in now in my sole name, including the house in Toddington. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I do know about the CML 6 month 'rule', which means that my property ownership will be regarded the same way as though I had purchased the property in October. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How practical a view banks take of it, depend on the lender as this clause principally exists to pick up on subsales or the wholesaling and assigning of properties.
I am selling my house. I had a double glazing fitted in November 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, UBS are being difficult. The Toddington solicitor who is on the UBS conveyancing panel is recommending indemnity insurance as a solution but UBS are insisting on a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS 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.
I'm buying my first flat in Toddington benefiting from help to buy. The developers would not budge the amount so I negotiated 6k of extras instead. The estate agent told me not reveal to my conveyancer about the extras as it may put at risk my loan with the lender. 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 decided to have a survey done on a house in Toddington before appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders will refuse to give a mortgage on this type of premises.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Toddington. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Toddington cover?
Toddington conveyancing for business premises covers a broad range of guidance, offered by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I need to appoint a conveyancing solicitor for residential conveyancing in Toddington. I've stumble upon a site which looks to be the ideal solution If there is a chance to get all formalities completed via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?