My wife and I have lately purchased a house in Stevenage. We have since encountered a number of issues with the house which we believe were missed in the conveyancing searches. Is there anything we can do? What searches should? have been carried out as part of conveyancing in Stevenage?
The query is not clear as what problems have arisen and if they are relate to conveyancing in Stevenage. Conveyancing searches and due diligence undertaken as part of the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, the vendor answers a questionnaire known as a SPIF. If the information turns out to be inaccurate, then you may have a claim against the owner 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 Stevenage.
My bank has recommended a law firm on their panel based in Stevenage but I would rather choose a conveyancing lawyer in Stevenage round the corner to me. Are you able to help?
Far from all Stevenage conveyancing practices are on all banks conveyancing panel. Do make use of our search tool to choose a Stevenage conveyancing conveyancer on the on the bank panel.
I have been told that property searches are the main reason for obstruction in Stevenage conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Stevenage.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Stevenage is the location of the property. Is there any advice you can impart?
Flying freeholds in Stevenage are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Stevenage you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stevenage may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How and when do I cover the costs of the Stamp Duty Land Tax due for my purchase in Stevenage?
The majority of conveyancing practitioners tend to complete a stamp duty return for you as part of your Stevenage conveyancing transaction for you to sign. After completion your conveyancing practitioner will submit the STL Return Form to the Inland Revenue and - as long as they have the funds - settle any land tax due on your behalf.