My partner and I have lately purchased a property in Seven Sisters. We have since encountered a number of problems with the property which we believe were omitted in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that should have been carried out as part of conveyancing in Seven Sisters?
The question is not clear as to the nature of the problems and if they are relate to conveyancing in Seven Sisters. Conveyancing searches and due diligence initiated as part of the buying process are designed to help avoid problems. As part of the process, the vendor fills in a document called a Seller’s Property Information Form. If the information is incorrect, you may have a misrepresentation 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 Seven Sisters.
Various online forums that I have visited warn that are the number one reason for stalling in Seven Sisters conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Searches are not likely to be the root cause of slowing down conveyancing in Seven Sisters.
I decided to have a survey carried out on a property in Seven Sisters before retaining lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Seven Sisters. Conveyancing will be smoother if you use a solicitor in Seven Sisters especially if they are accustomed to such properties in Seven Sisters.
How does the Landlord & Tenant Act 1954 affect my business property in Seven Sisters and how can you help?
The 1954 Act provides protection to commercial tenants, giving them the right to make a request to court for a renewal lease and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Seven Sisters is one of our many areas of the UK in which our lawyers are based
I am using a search engine for the words conveyancing in Seven Sisters it shows results of numerous property lawyersin the area. How do I determine which is the suitable conveyancer for the sale of my house?
The preferential method of seeking a suitable conveyancer is via trusted referral, so enquire of colleagues and relatives who have purchased a property in Seven Sisters or the respected estate agent or mortgage broker. Fees for conveyancing in Seven Sisters vary, so it's sensible to secure a minimum of four fee estimates from varying types of law firms. Make sure that you know that the costs are assured not to increase.