My brother and I have recently acquired a property in Prestatyn. We have noticed several issues with the property which we believe were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been ordered for conveyancing in Prestatyn?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Prestatyn. Conveyancing searches and due diligence initiated during the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor completes a document known as a SPIF. If the information is misleading, you could possibly take legal action 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 Prestatyn.
Can I use your services to find a Conveyancing solicitor in Prestatyn even if I’m not buying or disposing of a house, for instance where I want to acquire an office in Prestatyn with a loan from National Westminster Bank?
Our comparison service is mainly utilised to help choose domestic conveyancing solicitors in Prestatyn but we have recorded towards the end of this page some Prestatyn commercial conveyancing firms. You will need to speak with the company directly to establish if they are also authorised to represent National Westminster Bank
What is the difference between a licensed conveyancer and conveyancing solicitor in Prestatyn
There are many recorded licenced Conveyancers in Prestatyn and Solicitor firms in Prestatyn who provide Conveyancing services We would stress that the two are regulated professionals specialising in the legal work in the home buying process. They may both also handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I'm the single recipient of my late grandmother’s will and I have everything in my name alone, including the house in Prestatyn. Conveyancing formalities meant that the Land Registry date was in December. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the house in December. Do I have to wait 6 months to sell?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. many banks would take a pragmatic view as this clause is chiefly there to pick up on the purchase and immediately sell or the flipping of property.
Kent Reliance have agreed my home loan in principle, my offer on a apartment in Prestatyn has been accepted, now what?
Your property agent will want to be informed of your lawyer's details (make sure the conveyancers are on the lender’s panel). Telephone Kent Reliance or your broker and complete any appropriate paperwork. Kent Reliance will instruct a valuer who will get in contact with the estate agent or seller to arrange a time for the valuation to occur. Once carried out (assuming no problems) it takes on average a week for the mortgage offer to be issued. Kent Reliance will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Prestatyn.
I opted to have a survey carried out on a house in Prestatyn ahead of appointing solicitors. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will not give a loan on this type of home.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Prestatyn. Conveyancing will be smoother if you use a solicitor in Prestatyn especially if they are acquainted with such properties in Prestatyn.
My brother is buying a garden flat in Prestatyn. He has received an estimate by the conveyancer connected to the selling agents totaling £1250 . It was 9 years ago since I sold and bought a home and the bill was £500. Have costs really gone up that much?
We would recommend that you call 3 or 4 local Prestatyn conveyancing solicitors seeking prices. It is advisable to base your choice not just on cost, but on promptness and on how comprehensive the reply is.