Last July we completed a house move in Cowes. We have noticed several issues with the house which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been ordered as part of conveyancing in Cowes?

The query is not clear as to the nature of the problems and if they are unique to conveyancing in Cowes. Conveyancing searches and investigations initiated as part of the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, the vendor completes a form referred to as a Seller’s Property Information Form. answers proves to be inaccurate, then you may have a 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 Cowes.

As someone unfamiliar with the Cowes conveyancing process what is the number one tip you can give me for the ownership transfer in Cowes

You may not hear this from too many lawyers but conveyancing in Cowes and elsewhere in Isle Of Wight is an adversarial experience. In other words, when it comes to conveyancing there exists lots of opportunity for conflict between you and other parties involved in the ownership transfer. For instance, the vendor, property agent and even potentially a lender. Choosing a solicitor for your conveyancing in Cowes should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose role it is to look after your legal interests and to protect you.

On occasion a third party with a vested interest may try and persuade you that you should follow their advice. For example, the estate agent may claim to be helping by suggesting your solicitor is dragging his heels. Or your financial adviser may tell you to do take action that is contrary to your conveyancers advice. You should always trust your lawyer above all other parties in the conveyancing process.

I am buying my first flat in Cowes with a loan from Santander. The sellers refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not disclose to my lawyer about this deal as it will adversely affect my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am looking for a ground for flat up to £245,000 and identified one close by in Cowes I like with open areas and railway links nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Cowes for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

If you need a mortgage the shortness of the lease may be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

What is different about your site and other internet conveyancing brokers when it comes to conveyancing in Cowes?

At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Cowes. Unlike many estate agents and brokerage sites we do not have referral arrangements with solicitors. Many agents and online brokers 'recommend' solicitors paying the highest commission, rather than the best value conveyancing in Cowes