My brother and I have lately purchased a house in North Harrow. We have noticed several issues with the property which we suspect were omitted in the conveyancing searches. What action can we take? What searches should? have been carried out for conveyancing in North Harrow?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in North Harrow. Conveyancing searches and investigations undertaken during the legal transfer of property are designed to help avoid problems. As part of the process, a property owner fills in a document known as a SPIF. If the information proves to be 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 North Harrow.
We see that you have a search directory identifying law firms on the Santander conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in North Harrow?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in North Harrow.
How does conveyancing in North Harrow differ for newly converted properties?
Most buyers of new build property in North Harrow approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in North Harrow tend to acquire the land, 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 North Harrow or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. North Harrow is the location of the property. Is there any advice you can give?
Flying freeholds in North Harrow are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Harrow you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Harrow may decide 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.
I am hoping to put an offer on a small detached house that appears to be perfect, at a great figure which is making it all the more appealing. I have subsequently discovered that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in North Harrow. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in North Harrow ?
The majority of houses in North Harrow are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can help the conveyancing process. it is apparent that you are buying in North Harrow so you should seriously consider looking for a North Harrow conveyancing practitioner and check that they are used to transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’spermission to carry out changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the property is located on an estate. Your conveyancer should appraise you on the various issues.