Last August we completed a house move in Raglan. We have since encountered a number of problems with the property which we consider were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been carried out as part of conveyancing in Raglan?
The question is not clear as to the nature of the problems and if they are specific to conveyancing in Raglan. Conveyancing searches and due diligence initiated during the legal transfer of property are carried out to help avoid problems. As part of the process, a seller answers a questionnaire called a Seller’s Property Information Form. If the information proves to be inaccurate, you may have a misrepresentation 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 Raglan.
I have an AIP. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather use a high street conveyancing solicitor in Raglan?
You should check but the chances are that give you one of their panel lawyers if you want the "fee-free" offer. Call the bank to check if they offer you a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Raglan.
This question may be naive but I am wet behind the ears as FTB of a garden flat in Raglan. Do I pick up the keys to the house on completion from my conveyancer? If so, I will use a local conveyancing solicitor in Raglan?
On the day of completion you will not be required to attend the conveyancers office in Raglan. Conveyancing lawyers for you will transfer the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you will be called to collect the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
I have decided to exercise my right to buy my property in Raglan off the council. I have a mortgage agreed with Clydesdale. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
Our sealed bid on a detached house in Raglan has been accepted, but there is a chain. The vendors have offered on a flat, however it’s not yet tied up, and have viewings of other properties booked. I have chosen a bricks and mortar conveyancing solicitor in Raglan. What should be my next step? When do I get the mortgage application with TSB going?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then valuation, Raglan conveyancing search fees, etc). First, you must ensure that your conveyancing practitioner is on the TSB approved list. Concerning the next phase this very much dictated by the uniqueness of your case, desire for the property and on the state of the market. In a hot market many home buyers will apply for the mortgage with TSB and arrange for the valuation and only if it was satisfactory would they pay their lawyer to proceed with searches.
How does conveyancing in Raglan differ for new build properties?
Most buyers of new build residence in Raglan come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is built. This is because house builders in Raglan typically buy the real estate, 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 conveyancers 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 Raglan or who has acted in the same development.
In sourcing the internet for the term on line conveyancing in Raglan it shows results of many property lawyerslocally. How do I determine which is the suitable conveyancing solicitor for purchase transaction?
The best way of seeking the right conveyancer is through a personal recommendation, so ask colleagues and family who have acquired a property in Raglan or a local estate agent or financial adviser. Fees for conveyancing in Raglan vary, so it's sensible to secure a minimum of four estimates from different companies. Be sure to secure confirmation that the fees are fixed.