My partner and I have just bought a house in Seascale and Sellafield. We have noticed several problems with the property which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been carried out as part of conveyancing in Seascale and Sellafield?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Seascale and Sellafield. Conveyancing searches and due diligence initiated during the legal transfer of property are supposed to help avoid problems. As part of the process, a seller fills in a form called a SPIF. answers provided is incorrect, 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 Seascale and Sellafield.
My wife and I have recently appointed a conveyancing solicitor in Seascale and Sellafield. I need to find out whether they are on the Lloyds TSB Bank conveyancing panel. Could you help?
The first thing you should do is phone the solicitor and enquire if they are on the lender panel. Otherwise you can get in touch with Lloyds TSB Bank who may be able to help.
Should our solicitor be raising enquiries concerning flooding as part of the conveyancing in Seascale and Sellafield.
The risk of flooding is if increasing concern for lawyers dealing with homes in Seascale and Sellafield. Plenty of people will purchase a property in Seascale and Sellafield, fully expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to give advice on flood risk, however there are a numerous searches that may be initiated by the buyer or by their lawyers which can figure out the risks in Seascale and Sellafield. The conventional set of completed inquiry forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) contains a usual inquiry of the vendor to find out whether the property has historically flooded. In the event that the property has been flooded in past and is not disclosed by the seller, then a purchaser may commence a compensation claim as a result of such an misleading reply. The buyer’s conveyancers should also commission an enviro search. This should indicate if there is any known flood risk. If so, additional inquiries should be made.
I have been on the look out for a ground for flat up to £305k and identified one close by in Seascale and Sellafield I like with open areas and transport links nearby, however it's only got 51 remaining years left on the lease. I can't really find anything else in Seascale and Sellafield suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage the remaining unexpired lease term will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
I am in need of some leasehold conveyancing in Seascale and Sellafield. Before diving in I would like to find out the remaining lease term.
Assuming the lease is registered - and almost all are in Seascale and Sellafield - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Seascale and Sellafield Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
The majority of Seascale and Sellafield leasehold apartments will be liable to pay a service charge for the upkeep of the building invoiced on behalf of the management company. Should you buy the property you will have to meet this contribution, normally periodically accross the year. This may be anything from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge for you to pay yearly, normally this is not a large sum, say around £25-£75 but you should to enquire as occasionally it could be prohibitively expensive. What is the maintenance charge and ground rent on the apartment?