Last October we completed a house move in Beaworthy. We have since encountered a number of issues with the property which we consider were overlooked in the conveyancing searches. What action can we take? Can you clarify the type of searches that should have been ordered for conveyancing in Beaworthy?

The question is not clear as what problems have arisen and if they are specific to conveyancing in Beaworthy. Conveyancing searches and investigations initiated as part of the buying process are supposed to help avoid problems. As part of the legal transfer of property, a property owner fills in a form called a Seller’s Property Information Form. answers ends up being inaccurate, 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 Beaworthy.

It has been 4 months following my purchase conveyancing in Beaworthy took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Am I better off to go with a Beaworthy conveyancing solicitor who is local to the property I am hoping to buy? An old friend can conduct the legal formalities however they are based approximately 350miles drive away.

The primary upside of using a local Beaworthy conveyancing practice is that you can attend the office to sign documents, present your identification documents and pester them where appropriate. Having local Beaworthy know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and the majority were impressed that must trump using an unknown Beaworthy conveyancing solicitor solely due to them being local.

I am attracted to a couple of apartments in Beaworthy both have about fifty years unexpired on the leases. Should I regard a short lease as a deal breaker?

A lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the value of the lease reduces and results in it becoming more costly to extend the lease. This is why it is generally wise to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this area.

Beaworthy Leasehold Conveyancing - Examples of Questions you should consider Prior to buying

Who is in charge of the building? Many Beaworthy leasehold apartments will incur a service charge for the upkeep of the building levied on behalf of the management company. If you purchase the property you will have to meet this charge, normally periodically during the year. This could differ from several hundred pounds to thousands of pounds for buildings with lifts and large common areas. In all likelihood there will be a ground rent for you to pay yearly, normally this is not a large sum, say approximately £25-£75 but you should to check it because on occasion it could be surprisingly expensive. Are any of leasehold owners in arrears of their service charge payments?

How much experience do your Beaworthy conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?

Beaworthy conveyancing lawyers help thousands of people move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Beaworthy conveyancers have worked on recent similar matters.