My wife and I have lately bought a house in Marske and Upleatham. We have since encountered a number of issues with the property which we believe were omitted in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that needed to have been conducted for conveyancing in Marske and Upleatham?
The question is not clear as to the nature of the problems and if they are unique to conveyancing in Marske and Upleatham. Conveyancing searches and due diligence initiated during the buying process are supposed to help avoid problems. As part of the process, the vendor answers a questionnaire referred to as a Seller’s Property Information Form. answers proves to be misleading, you may have a misrepresentation 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 Marske and Upleatham.
Do I have to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Marske and Upleatham so that I can attend their offices if required.
Most approved lawyers for banks conduct the vast majority of communications via the post, internet or over the phone. This enables them to carry out the legal work for your home move no matter where you live in the country. Nevertheless you should see if you have the option of visiting the offices of your conveyancing lawyer if just in case this is required.
A relative recommended that if I am purchasing in Marske and Upleatham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Marske and Upleatham conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Marske and Upleatham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local 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 information about Marske and Upleatham.
How does conveyancing in Marske and Upleatham differ for new build properties?
Most buyers of new build or newly converted property in Marske and Upleatham approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because developers in Marske and Upleatham tend to purchase 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 property lawyers 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 accustomed to new build conveyancing in Marske and Upleatham or who has acted in the same development.
Why can't I complete my conveyancing in Marske and Upleatham on May bank holiday?
Because on completion the money needs to pass between the banks of the buyer and owner’s property lawyer and currently this can only occur on a business day. It is not possible to complete on a weekend either.