My brother and I have lately acquired a property in Sandhurst. We have noticed several problems with the property which we believe were missed in the conveyancing searches. What action can we take? What searches should? have been carried out as part of conveyancing in Sandhurst?
The question is not clear as to the nature of the problems and if they are specific to conveyancing in Sandhurst. Conveyancing searches and investigations initiated as part of the buying process are supposed to help avoid problems. As part of the process, the vendor completes a questionnaire known as a Seller’s Property Information Form. answers is incorrect, you could possibly take legal action 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 Sandhurst.
I used Stirling Law a few years past for my conveyancing in Sandhurst. I now require my file but the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sandhurst of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been sourcing a conveyancing practitioner in Sandhurst for my house move. Is it possible to check a firm’s record with the legal regulator?
You may see documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find information Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.
I am a negotiator for a reputable estate agency in Sandhurst where we have witnessed a number of flat sales put at risk due to short leases. I have been given contradictory information from local Sandhurst conveyancing firms. Please can you shed some light as to whether the vendor of a flat can start the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I purchased a 2 bed flat in Sandhurst, conveyancing having been completed 6 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Sandhurst with a long lease are worth £165,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ceases on 21st October 2097
With just 78 years left to run we estimate the premium for your lease extension to range between £7,600 and £8,800 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
We had our home loan approved last Friday with our bank. We appointed a high street conveyancer in Sandhurst last week. Today, our broker contacted us saying that the bank said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the mortgage company had some control over our choice Is this permitted?
You are permitted to appoint any property lawyer you prefer to instruct including the said conveyancer in Sandhurst but if they are not on the your lender's approved list you will have to pay additional cost so the mortgage company can instruct their own conveyancer too. sometimes it is conceivable that your preferred conveyancing firm to get included on to the mortgage company list of approved firms. You can use online search facilities such as lenderpanel.com to find a conveyancing solcitor in Sandhurst on the lender panel. You can go into your high street lender branch in Sandhurst. They can recommend conveyancing solicitors in Sandhurst on the bank panel.