I require conveyancing for an apartment in a fairly new development (6 years built) in East Cowes. The vast majority the properties have already been occupied. Is it strictly necessary to order neighbourhood searches for my conveyancing in East Cowes?
You are taking a significant risk in refusing to carrying out East Cowes conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that you have them. Where timings and driving down costs are top of your concerns you should discuss with your solicitor about the options such as lack of search insurance available to you
Last month we completed a house move in East Cowes. We have since encountered a number of issues with the house which we believe were overlooked in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been ordered for conveyancing in East Cowes?
It is not clear from the question as what problems have arisen and if they are relate to conveyancing in East Cowes. Conveyancing searches and due diligence initiated during the legal transfer of property are designed to help avoid problems. As part of the process, a seller completes a document referred to as a SPIF. If the information ends up being misleading, 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 East Cowes.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. East Cowes is the location of the property. Is there any advice you can give?
Flying freeholds in East Cowes are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside East Cowes you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Cowes may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.