Last June we completed a house move in Truro. We have since encountered a number of issues with the house which we believe were missed in the conveyancing searches. Do we have any recourse? What searches should? have been conducted as part of conveyancing in Truro?
The query is not clear as what problems have arisen and if they are relate to conveyancing in Truro. Conveyancing searches and due diligence initiated as part of the buying process are carried out to help avoid problems. As part of the legal transfer of property, the vendor fills in a questionnaire referred to as a Seller’s Property Information Form. If the information provided is incorrect, you may have a misrepresentation claim against the owner 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 Truro.
Can I use your services to find a Conveyancing solicitor in Truro even where I’m not buying or selling a house, for instance where I want to acquire a shop in Truro with a mortgage from Nottingham Building Society?
Our search tool is predominantly used to select domestic conveyancing solicitors in Truro but we have listed towards the end of this page some Truro commercial conveyancing firms. You should make contact with the company directly to check if they can also act for Nottingham Building Society
I require fast conveyancing in Truro as I am faced with pressure to sign on the dotted line inside one month. Thankfully I do not require a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at liberty not to have searches carried out although no conveyancer would recommend that you don't. With plenty of history conveyancing in Truro the following are examples of issues that can show up and adversely affect future saleability: Enforcement Actions, Overdue Charges, Overdue Grants, Road Schemes,...
It has been five months since my purchase conveyancing in Truro took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Truro differ for newly converted properties?
Most buyers of new build or newly converted property in Truro come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Truro usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Truro or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. Truro is where the house is located. What do you suggest?
Flying freeholds in Truro are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Truro you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Truro may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.