Last May we completed a house move in Flitwick. We have since encountered a number of issues with the property which we suspect were missed in the conveyancing searches. Do we have any recourse? What searches should? have been carried out for conveyancing in Flitwick?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Flitwick. 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 property owner answers a form known as a SPIF. answers ends up being inaccurate, you may have a misrepresentation claim against the seller 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 Flitwick.
Just bought a semi-detached house in Flitwick , how long will it take for the Land Registry to deal with the formalities evidencing my ownership? My Flitwick conveyancing solicitor has been very slow, so I want to be sure the registration is dealt with.
As far as conveyancing in Flitwick registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can differ subject to the party submitting the application, whether it is in order and if the Land registry communicate with any third persons or bodies. As of today approximately three quarters of submission are fully addressed within 12 days but occasionally there can be longer hold-ups. Registration occurs once the purchaser has moved in to the property so registration formalities is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers can speak with the land registry and explain the circumstances.
How does conveyancing in Flitwick differ for newly converted properties?
Most buyers of new build property in Flitwick contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Flitwick typically buy the real estate, 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 conveyancers 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 Flitwick or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Flitwick is where the house is located. Is there any guidance you can give?
Flying freeholds in Flitwick are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Flitwick you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Flitwick may ascertain 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.
What are your top tips when it comes to choosing a Flitwick conveyancing firm to carry out our lease extension conveyancing?
When appointing a property lawyer for your lease extension (regardless if they are a Flitwick conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you speak with two or three firms including non Flitwick conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:
If they are not ALEP accredited then what is the reason? What volume of lease extensions have they completed in Flitwick in the last twenty four months?
Leasehold Conveyancing in Flitwick - Sample of Queries before Purchasing
Who manages the block? Generally speaking the outlay for major works are not included within service charges, although some managing agents in Flitwick require leasehold owners to contribute towards a sinking fund created for the specific purpose of building a fund for larger works. Is the freehold owned collectively by the tenants?