Last August we completed a house move in Oldham. We have since encountered a number of problems with the property which we believe were overlooked 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 Oldham?
The query is not clear as to the nature of the problems and if they are relate to conveyancing in Oldham. Conveyancing searches and investigations initiated during the buying process are carried out to help avoid problems. As part of the legal transfer of property, a property owner answers a questionnaire called a Seller’s Property Information Form. answers ends up being misleading, you may have a misrepresentation 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 Oldham.
Do lenders provide you with an approved list of Oldham conveyancing solicitors? How do you know who is on the Bank of Ireland conveyancing panel?
Oldham conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.
Are the BSA intent on creating a searchable register to list firms on the Melton Mowbray Building Society conveyancing panel for example in Oldham?
Lexsure has not been advised of any intention on the part of the BSA to develop such a search facility.
Due to the advice of my in-laws I had a survey completed on a house in Oldham prior to retaining lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders tend refuse to issue a mortgage on such a home.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Oldham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Oldham to see if the conveyancing will be more expensive.
My father-in-law mentioned that when selecting a conveyancing lawyer they need approved by your mortgage company. I am a FTB but I have an AIP with Birmingham Midhshires and I already have a family conveyancing solicitor in Oldham at the ready. Does Virgin Money insist on an approved lawyer to be used? If so, where do I find that list so I can appoint a conveyancing solicitor in Oldham?
You should instruct a solicitor that is on the Virgin Money panel. The first thing to do is telephone your preferred Oldham conveyancing solicitor and ask if they are on the Virgin Money panel. If they are not approved you have a number of options available to you here:
- Carry on with your existing Oldham lawyer but Virgin Money will undoubtedly use a lawyer from their approved panel. The net result is additional fees together with likely frustration.
- Get a fresh lawyer to conduct the conveyancing, obviously checking they are on the Virgin Money conveyancing panel.
- Convince your solicitor to pull out all the stops to get accepted on the Virgin Money conveyancing panel.