Last January we completed a house move in Mayfair. We have noticed several problems with the house which we believe were missed in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Mayfair?
The query is not clear as to the nature of the problems and if they are specific to conveyancing in Mayfair. Conveyancing searches and investigations undertaken during the legal transfer of property are supposed to help avoid problems. As part of the process, a property owner answers a questionnaire known as a Seller’s Property Information Form. answers is misleading, 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 Mayfair.
What does my ID and proof of funds have anything to do with my conveyancing in Mayfair? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identification documents of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Client Care letter that you need to sign should stipulate this. Your lender will also require certain documents to be checked. Should you refuse to supply ID verification documents, your solicitor will not be able to take you on as a client.
My partner and I are downsizing from our house in Mayfair and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers are using a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Mayfair. We have lived in Mayfair for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Am I right to be concerned by 3rd parties that I am dealing with are suggesting an online conveyancing firm as opposed to a High Street Mayfair conveyancing company?
As is the case with many service providers, often input from connections can be most helpful. But there are lots of people with a keen interest in a conveyancing deal; estate agents, financial adviser and banks might all suggest lawyers to choose. On occasion these lawyers might be known to one of the organisations as being good in their field, but sometimes there may be a financial incentive behind the recommendation. You have the right to choose your own conveyancer. You need to be aware that some mortgage providers specify a panel list of conveyancers you are obliged to use for the mortgage aspect of your house move.
Midway through the sale of a leasehold flat in Mayfair. Conveyancing solicitors are doing their job but we have been asked to pay an extortionate amount from the freeholder. So far we have paid £250 for a leasehold management pack and then a further £134.40 for responses to questions raised by the purchaser's conveyancing practitioner.
Your conveyancer will not have any say over the extent of the fee for this information however the average costs for the information for Mayfair leasehold premises is £355. When it comes to Mayfair conveyancing transactions it is conventional for the vendor to pay for these costs. The landlord or their agents are under no statutory obligation to address such questions most will agree to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no statute that mandates set charges for administrative tasks. There is no statutory time frame by which they are duty bound to issue the information.