Last August we completed a house move in Paddock Wood. We have noticed several problems with the house which we consider were missed in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that needed to have been ordered for conveyancing in Paddock Wood?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Paddock Wood. Conveyancing searches and due diligence undertaken during the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a property owner answers a document called 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 Paddock Wood.
Have just purchased a repossessed house at auction in Paddock Wood. Conveyancing is needed. What are my next steps?
Given that you have now exchanged you will need to appoint a conveyancing lawyer soon as you now have a fast approaching deadline in which to complete the transaction. Every auction property will have a corresponding auction pack. This will include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You need to pass this on to your appointed conveyancing solicitor as soon as possible. You also need to ensure that you have funds organised to complete the transaction on the set completion date.
I have been advised by my solicitor that lack of building regulations insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Paddock Wood?
The appropriate level of lack of building regulations indemnity insurance should be dictated by who who your lender is. It would differ for example between Accord Mortgages Ltd and Bank of Scotland. Conveyancing solicitors as opposed to borrowers take out such policies.
Is it the case that all Paddock Wood conveyancing solicitors on the Co-operative conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Co-operative conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be overseen by the CLC.
How does conveyancing in Paddock Wood differ for new build properties?
Most buyers of new build premises in Paddock Wood contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is completed. This is because builders in Paddock Wood usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Paddock Wood or who has acted in the same development.
Is it possible to switch solicitor as I need to find one who is on the Leeds Building Society conveyancing panel. I was using a family conveyancing solicitor in Paddock Wood round the corner but he is not approved by Leeds Building Society
We will our best to assist in finding you a conveyancing solicitor in Paddock Wood on the Leeds Building Society panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Paddock Wood. Using the find a conveyancing solicitor tool on this website, you can scrutinise costs for conveyancing solicitors in Paddock Wood and beyond.
Am I best advised to instruct a Paddock Wood conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can conduct the legal formalities but her office is over three hundred miles away.
The primary upside of using a high street Paddock Wood conveyancing practice is that you can drop in to sign paperwork, deliver your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were happy that should outweigh using an unfamiliar Paddock Wood conveyancing solicitor solely due to them being based in the area.