My wife and I have recently bought a property in Duxford. We have since encountered a number of problems with the property which we suspect were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been conducted for conveyancing in Duxford?
It is not clear from the question as what problems have arisen and if they are relate to conveyancing in Duxford. Conveyancing searches and investigations undertaken during 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 called a Seller’s Property Information Form. If the information provided is inaccurate, 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 Duxford.
My Solicitor in Duxford is not listed on the Accord Mortgages Ltd Solicitor Panel. Can I still retain my prefered solicitor even though they are not on the Accord Mortgages Ltd list of approved lawyers?
Your options are as follows:
- Carry on with your preferred Duxford lawyers but Accord Mortgages Ltd will need to use a conveyancer on their list of acceptable firms. This will result in additional total conveyancing charges and cause delays.
- Find a new lawyer to act in the purchase, remembering to check they are on the Accord Mortgages Ltd panel
I have been told that property searches are a common cause of hinderance in Duxford conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Duxford.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a quick, chain free conveyancing. Duxford is where the house is located. Can you offer any assistance?
Flying freeholds in Duxford 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 Duxford you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Duxford may determine 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 premises.
Do all mortgage companies provide you with an approved list of Duxford solicitors? How do you know who is on the mortgage company conveyancing panel?
Duxford law firm practices and firms carrying out conveyancing in Duxford themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the bank directly.