My brother and I have lately bought a house in Colerne. We have noticed several issues with the property which we consider were missed in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that needed to have been ordered as part of conveyancing in Colerne?

It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Colerne. Conveyancing searches and due diligence initiated during the buying process are designed to help avoid problems. As part of the legal transfer of property, a property owner answers a form referred to as a Seller’s Property Information Form. answers proves to be incorrect, you could possibly take legal action 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 Colerne.

My relative advised me that if I am buying in Colerne I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is sometimes quoted for as part of the standard Colerne conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Colerne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Colerne Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Colerne.

I have been on the look out for a leasehold apartment up to £195,000 and identified one near me in Colerne I like with a park and transport links nearby, the downside is that it's only got 49 years on the lease. There is not much else in Colerne in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you require a home loan the remaining unexpired lease term will likely be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.

What makes your site different to alternative online quote calculators when it comes to conveyancing in Colerne?

At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Colerne. As opposed to estate agents and many comparison sites we do not charge firms a commission if you choose them for your conveyancing in Colerne

My solicitors in Colerne have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the lender. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a number of years?

Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the bank directly.