My brother and I have just bought a house in Mortimer. We have since encountered a number of issues with the property which we consider were missed in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that needed to have been carried out as part of conveyancing in Mortimer?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Mortimer. Conveyancing searches and due diligence undertaken as part of the buying process are carried out to help avoid problems. As part of the legal transfer of property, a property owner fills in a questionnaire known as a SPIF. answers ends up being incorrect, you could possibly take legal action 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 Mortimer.
I am buying a property and require a conveyancing solicitor in Mortimer who is on the Halifax approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Halifax in certain locations such as Mortimer. We dont recommend any particular firm.
Just acquired a terraced house in Mortimer , What is the estimated time for the Land Registry to register my title? My Mortimer conveyancing solicitor has been very slow, so I want to be sure the post completion formalities are concluded.
There is nothing unique when it comes to conveyancing in Mortimer registration formalities. As opposed to being determined by geographic area, timescales can adjust according to who lodges the application, whether it is in order and if the Land registry must send notices to any 3rd parties. As of today in the region of 80% of such applications are fully addressed in less than three weeks but occasionally there can be protracted hold-ups. Registration takes place after the new owner has moved in to the property therefore 'speed' is not usually top priority but where it is urgent that the the registration takes place urgently then you or your conveyancer should speak with the land registry and explain the circumstances.
I am tempted by the attractive purchase price for a two apartments in Mortimer both have in the region of forty five years remaining on the leases. Should I regard a short lease as a deal breaker?
A lease is a right to use the premises for a period of time. As a lease shortens the saleability of the lease reduces and it becomes more expensive to acquire a lease extension. For this reason it is advisable to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
Leasehold Conveyancing in Mortimer - A selection of Questions you should ask before Purchasing
Are any of leasehold owners in arrears of their service charge liability? Best to be warned if redecorating or some other significant cost is anticipated to be shared by the leaseholders and may well dramatically increase the the maintenance costs or result in a specific payment. Can you inform me if there are any major works in the near future that could increase the service costs?
Been reading online that Mortimer solicitors are more costly than Mortimer conveyancers in Mortimer to use when purchasing a property. So is it better if I use a conveyancer or a solicitor if I am purchasing a property in Mortimer.
When it comes to conveyancing in Mortimer the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.