My partner and I have just bought a property in Stockbridge Village. We have noticed several issues with the house which we consider were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been conducted as part of conveyancing in Stockbridge Village?
The question is vague as what problems have arisen and if they are relate to conveyancing in Stockbridge Village. Conveyancing searches and investigations initiated during the buying process are supposed to help avoid problems. As part of the process, a seller answers a form known as a SPIF. answers provided is inaccurate, you could possibly take legal action 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 Stockbridge Village.
In what way does my ID and proof of funds have anything to do with my conveyancing in Stockbridge Village? Why is this being asked of me?
Stockbridge Village conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill no older than three months).
Proof of source of funds is also necessary under the money laundering regulations as lawyers are required to ensure that the monies you are using to buy a property (be it the exchange deposit or the total purchase amount where you are a cash purchaser) has originated from an acceptable source (such as an inheritance) and is not the proceeds of illegitimate behaviour.
When looking at consumer advice sites for a conveyancing solicitor in Stockbridge Village, many advise that I should use a CQS accredited solicitor. Can you explain what CQS is?
Stockbridge Village Conveyancing Quality Scheme practices have achieved certification under the Law Society's Scheme (CQS) CQS was established to promote high standards in the home moving process. CQS enables buyers and sellers to identify solicitor firms that provide a quality residential conveyancing. Stockbridge Village is one of locations in England and Wales in which CQS are based. The conveyancing scheme obliges practices to undergo a strict assessment, compulsory training, self-reporting, random audits and yearly assessments in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Legal Ombudsman.
How does conveyancing in Stockbridge Village differ for newly converted properties?
Most buyers of new build residence in Stockbridge Village come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is built. This is because new home sellers in Stockbridge Village tend to acquire the land, 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 Stockbridge Village or who has acted in the same development.
Given that I will soon part with over three hundred thousand on a garden flat in Stockbridge Village I would like to have a conversation with the conveyancer concerning thehome move prior to instructing the firm. Is this something that you can arrange?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you liaising with the conveyancer due to be doing your property ownership legalities in Stockbridge Village.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Stockbridge Village should be the figure that you are charged.