Last April we completed a house move in Mill Hill. We have since encountered a number of issues with the property which we believe were missed in the conveyancing searches. What action can we take? Can you clarify the type of searches that should have been carried out for conveyancing in Mill Hill?
The query is vague as to the nature of the problems and if they are specific to conveyancing in Mill Hill. Conveyancing searches and investigations initiated during the buying process are carried out to help avoid problems. As part of the process, the vendor answers a form called a Seller’s Property Information Form. If the information provided is inaccurate, then you may have a 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 Mill Hill.
In what way does my ID and proof of funds have anything to do with my conveyancing in Mill Hill? Is this really warranted?
To satisfy the Money Laundering Regulations any Mill Hill conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing where you reside.
Under Money Laundering Regulations, property lawyers are duty bound to investigate not just the identity of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your solicitor terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to inform the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
About to purchase a new build flat in Mill Hill. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Mill Hill
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Due to the guidance of my in-laws I had a survey completed on a house in Mill Hill prior to appointing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some lenders tend not give a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Mill Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
In surfing the world wide web for the words cheap conveyancing in Mill Hill it reveals many conveyancersin the vicinity. With so much choice what is the best way to find the suitable conveyancer for my move?
The best method of finding a suitable conveyancer is through a personal testimonial, so enquire of friends and those you trust who have purchased a property in Mill Hill or a respected estate agent or financial adviser. Costs for conveyancing in Mill Hill vary, so it's a good idea to secure at least four fee calculations from different law firms. Make sure that you know what costs in the quote includes.