My brother and I have recently acquired a property in Paddock Wood. We have since encountered a number of issues with the property which we believe were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been conducted for conveyancing in Paddock Wood?

It is not clear from the question as what problems have arisen and if they are relate to conveyancing in Paddock Wood. Conveyancing searches and due diligence initiated as part of the buying process are supposed to help avoid problems. As part of the process, a seller fills in a form referred to as a Seller’s Property Information Form. answers is 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 Paddock Wood.

I have been told that property searches are the primary cause of obstruction in Paddock Wood conveyancing transactions. Is this right?

The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Paddock Wood.

Over the last few months I have been searching for a leasehold apartment up to £305k and found one near me in Paddock Wood I like with a park and transport links in the vicinity, however it's only got 49 years unexpired on the lease. There is not much else in Paddock Wood for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

If you require a home loan the remaining unexpired lease term will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.

Am I best advised to instruct a Paddock Wood conveyancing lawyer who is local to the property I am hoping to buy? I have an old university friend who can execute the conveyancing but his firm is located a couple of hundredmiles drive away.

The primary upside of using a high street Paddock Wood conveyancing firm is that you can drop in to execute paperwork, hand in your ID and pester them if necessary. They will also have local insight which is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were content that should surpass using an unfamiliar Paddock Wood conveyancing lawyer solely due to them being Paddock Wood based.

My offer on property in Paddock Wood was agreed to, the seller does nevertheless have a tied purchase. The current proprietors have put an offer on somewhere, however it’s not yet tied up, and are looking at other apartments in the pipeline. I have selected a nearby conveyancing lawyer in Paddock Wood. What should be my next step? When should I get the mortgage application with RBS going with RBS?

It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then valuation, Paddock Wood conveyancing search costs, etc). The first course of action is to ensure that your solicitor is on the RBS approved list. Concerning the next steps this very much dictated by the circumstances of your transaction, desire for this property and on the state of the market. In a rising market the majority of purchasers will apply for the mortgage with RBS and arrange for the valuation and only if it comes back ok would they ask their conveyancer to proceed with the conveyancing in Paddock Wood.