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Recently asked questions about conveyancing in Newent

Last June we completed a house move in Newent. We have since encountered a number of problems with the house which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Newent?

It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Newent. Conveyancing searches and due diligence initiated during the buying process are designed to help avoid problems. As part of the process, a property owner answers a questionnaire referred to as a SPIF. answers ends up being inaccurate, then you may have a 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 Newent.

I own a freehold premises in Newent but nevertheless invoiced for rent, why is this and what is this?

It’s unusual for properties in Newent and has limited impact for conveyancing in Newent but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

A colleague advised me that if I am buying in Newent I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is usually included in the estimate for your Newent conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Newent 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 demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Newent Education with plans and statistics, Local Amenities and other useful information regarding Newent.

About to purchase a new build apartment in Newent. Conveyancing is a frightening process 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 conveyancing.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Newent

    Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared. 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.

Our conveyancing in Newent completes on Friday, yet the people I am buying off wishes to move out on the Saturday midday. Can I accept this?

If you need a mortgage then your lawyer will require that the premises arevacant on Friday - the bank will require it.

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