My wife and I have just purchased a house in Westhoughton. We have since encountered a number of problems with the house which we believe 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 Westhoughton?
The question is vague as what problems have arisen and if they are unique to conveyancing in Westhoughton. Conveyancing searches and investigations initiated as part of the legal transfer of property are designed to help avoid problems. As part of the process, a property owner answers a form called a Seller’s Property Information Form. If the information provided is incorrect, 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 Westhoughton.
Why do I have to pay up front for conveyancing in Westhoughton?
If you are buying a property in Westhoughton your solicitor will ask you put them with funds to cover the the cost of the conveyancing searches. Normally this is called for to cover the fees of the conveyancing searches. If any down payment is payable against the purchase price then this will be needed immediately ahead of exchange of contracts. The closing balance that is needed will be payable shortly before completion.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one near me in Westhoughton I like with amenity areas and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Westhoughton in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you require a home loan the shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
What makes your site different to other web based conveyancing brokers when it comes to conveyancing in Westhoughton?
At this site get a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Westhoughton. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your home move in Westhoughton
It may have been a long time coming a loan agreement from a bank for the refinancing of my 4 bedroom garden flat is due any day now. Are you able to recommend a low cost remortgage conveyancing solicitor in Westhoughton ?
This site is not designed to help in pursuit of a cheap conveyancing in Westhoughton. We can offer you excellent value conveyancing but we do not aim to work with the cheapest lawyers. Do not be fooled by brokers offering low cost conveyancing in Westhoughton.At best, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up paying a lot in additional fee and still not receive the service expected.