Last November we completed a house move in Rushden. We have since encountered a number of issues with the property which we consider were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that should have been ordered as part of conveyancing in Rushden?

The query is not clear as what problems have arisen and if they are relate to conveyancing in Rushden. Conveyancing searches and due diligence undertaken as part of the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a seller fills in a document called a Seller’s Property Information Form. If the information 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 Rushden.

I am thinking of remortgaging my home in Rushden, does my lawyer have to be on the Coventry BS Conveyancing panel?

There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

I require expedited conveyancing in Rushden as I have a deadline to complete inside 3 weeks. Fortunately I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?

If.Given you are are a cash buyer you are at free not to have searches carried out although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Rushden the following are instances of what can arise and adversely affect the marketability of the property: Enforcement Actions, Overdue Fees, Overdue Grants, Unadopted Roads,...

In relation to leasehold conveyancing in Rushden what are the most common lease problems?

Leasehold conveyancing in Rushden is not unique. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain sections are not included. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Yorkshire Building Society, Virgin Money, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to pull out.

I am the registered owner of a garden flat in Rushden, conveyancing was carried out in 2004. How much will my lease extension cost? Comparable flats in Rushden with a long lease are worth £227,000. The ground rent is £50 per annum. The lease terminates on 21st October 2098

With just 72 years remaining on your lease the likely cost is going to span between £9,500 and £11,000 plus costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.

What type of premises does your Rushden conveyancing estimates relate to?

Our conveyancing quotes are only relevant to standard domestic homes in England & Wales. If you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Rushden you should contact us to address this further .