Last October we completed a house move in Cumbria. We have since encountered a number of problems with the house which we suspect were missed in the conveyancing searches. What action can we take? What searches should? have been ordered as part of conveyancing in Cumbria?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Cumbria. Conveyancing searches and due diligence initiated as part of the legal transfer of property are carried out to help avoid problems. As part of the legal transfer of property, a seller fills in a document referred to as a SPIF. answers is incorrect, then you may have a 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 Cumbria.
I purchased a 4 bedroom Victorian property in Cumbria. Conveyancing practitioner represented me and Britannia. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cumbria and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing lawyer who conducted the purchase.
I am buying my first flat in Cumbria with a loan from The Mortgage Works. The builders would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not disclose to my lawyer about the side-deal as it could jeopardize my loan with The Mortgage Works. Is this normal?.
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 looking for a ground for flat up to £245,000 and identified one close by in Cumbria I like with a park and railway links nearby, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Cumbria in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan the shortness of the lease may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I am looking into buying my first house which is in Cumbria and I am already nervous. I couldn't find anything specific about Cumbria. Conveyancing will be needed in due course but do you know about the Cumbria area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Cumbria. In the meantime here are some basic statistics that we found