Conveyancing

Solicitors as guarantors for conveyancing transactions?

Buying and selling houses can be stressful enough, but what happens if you discover that the seller was a fraudster after your solicitor has already handed over the purchase monies? The recent decision of the Court of Appeal has come as good news to the two unsuspecting purchasers, who lost 1.03 and 1.1 million, and have successfully claimed it from the acting solicitors.

Know your building regulations when buying or selling property

Hannah Carey, head of the conveyancing team at Midland law firm Wright Hassall, stresses how important it is to be aware of building regulations when buying or selling a property. “Specialist knowledge of building regulations and their enforcement is an essential part of transferring a home. Conveyancers have a professional duty to ensure that necessary building regulations have been obtained."

Valuation, inspection or survey?

The purchase of a property is likely to be the most important financial transaction you will enter into. There is nothing that can be done about any defects that you may discover after exchanging contracts or completing the transaction so it therefore essential that you have the property thoroughly checked out by an expert. There are various types of inspections that you can obtain which are outlined below.

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