At long last a loan offer from Santander for the refinancing of my 2 room garden flat is due any day now. Are you able to propose a cheap conveyancing solicitor in Knebworth?
You have arrived at the wrong site to search for cut-price fees for conveyancing in Knebworth. Our aim is to provide affordable conveyancing but we do not work with the cheapest lawyers. Resist the temptation to appoint brokers offering the bait of ninety nine pound conveyancing in Knebworth. In your best case scenario, in being led by cheap conveyancing, you will get your money’s worth and at worst you will end up invoiced for additional fees and still not receive the service expected.
My partner and I have recently bought a house in Knebworth. We have since encountered a number of issues with the property which we suspect were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that should have been carried out as part of conveyancing in Knebworth?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Knebworth. Conveyancing searches and investigations undertaken as part of the buying process are supposed to help avoid problems. As part of the process, a seller completes a questionnaire called a Seller’s Property Information Form. answers is misleading, you could possibly take legal action 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 Knebworth.
I had a mortgage agreed in principle with Principality. Knebworth conveyancing solicitors were instructed. How long does it take for Principality to issue the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Principality conducted the valuation? Have you advised Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am purchasing a property in Knebworth. A rare aspect is that the roof has a solar panel. UBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with UBS your lawyer must comply with the formal instructions contained in Section two of UK Finance Lenders’ Handbook for UBS. The CML Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to UBS where a lease fails to meet these requirements. The conditions relate to the installation of panels on properties countrywide and is not isolated to Knebworth.
I recently had an offer accepted on an apartment in Knebworth. My mortgage broker pressured me to appoint their property lawyer. I paid an on account payment of £175. A couple of days later, the lawyer called me sheepishly admitting that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Should our solicitor be asking questions concerning flooding as part of the conveyancing in Knebworth.
Flooding is a growing risk for conveyancers dealing with homes in Knebworth. There are those who buy a house in Knebworth, 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 obtain a mortgage, adequate building insurance, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, but there are a various checks that can be carried out by the buyer or on a buyer’s behalf which will give them a better appreciation of the risks in Knebworth. The conventional set of completed inquiry forms sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual question of the owner to determine whether the premises has ever been flooded. In the event that flooding has previously occurred and is not revealed by the owner, then a buyer could issue a claim for damages stemming from an inaccurate response. A purchaser’s conveyancers may also carry out an environmental report. This will reveal whether there is any known flood risk. If so, additional inquiries should be made.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Knebworth is where the house is located. Can you shed any light on this issue?
Flying freeholds in Knebworth are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Knebworth you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knebworth 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.