My wife and I have lately acquired a property in West Hendon. We have since encountered a number of issues with the house which we suspect were overlooked in the conveyancing searches. What action can we take? What searches should? have been ordered for conveyancing in West Hendon?
The question is not clear as what problems have arisen and if they are specific to conveyancing in West Hendon. Conveyancing searches and due diligence initiated as part of the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, a property owner answers a form referred to as a SPIF. If the information turns out to be 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 West Hendon.
Can you explain why leasehold purchase conveyancing in West Hendon costs more?
The conveyancing charges on a leasehold property in West Hendon is inevitably greater as compared to a freehold property. This is due to the supplemental investigations necessary in dealing with the landlord and management company to collate the evidence concerning whether the rent and service charges have been cleared and whether there are any major works due in the foreseeable future on repairs or maintenance of the building.
I had intended to instruct a property lawyer in West Hendon for our home move. Our broker informed us that our bank Accord Mortgages Ltd won't deal with them. Why is this not regarded as unduly restrictive?
Before the recession most mortgage companies had an appetite for risk which was higher than today. Almost all West Hendon conveyancing firms would have been on most mortgage company panels. The financial services regulator in 2010 completed a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms concerning their operations and the individuals who work for them as well as set certain criteria such a completing on a minimum amount of transactions. Many West Hendon conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. West Hendon is amongst the many areas where the lawyers showing on our search results are members of the panel for Accord Mortgages Ltd.
Should my solicitor be raising questions about flooding during the conveyancing in West Hendon.
The risk of flooding is if increasing concern for solicitors conducting conveyancing in West Hendon. There are those who purchase a house in West Hendon, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Conveyancers are not qualified to impart advice on flood risk, but there are a number of checks that may be initiated by the purchaser or by their lawyers which should figure out the risks in West Hendon. The standard completed inquiry forms supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) includes a standard question of the vendor to determine whether the property has suffered from flooding. In the event that flooding has previously occurred which is not disclosed by the seller, then a purchaser may commence a claim for damages stemming from an inaccurate answer. A purchaser’s solicitors will also carry out an environmental search. This will reveal whether there is a recorded flood risk. If so, more detailed inquiries should be made.
What is different about your site and other web based conveyancing solicitors for conveyancing in West Hendon?
At this site secure an accurate costs illustration from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in West Hendon. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you select them for your home move in West Hendon
Is planning consent needed to convert a house into multiple appartments in West Hendon? This has taken place to a property next door to my house in West Hendon and was ignorant of the conversion until after the works were done.
Planning Consent yes. Building Regulations yes.