Heretical thought – HIPs do help (sometimes)

Posted by on Apr 25, 2009 in Abaddons Musings, conveyancing, legal system | 0 comments Despite the many faults of Home Information Packs and the way they were implemented, they do (on the whole) help to speed up the conveyancing process. Usually, the legal pre-contract work is now completed well before the buyer’s mortgage offer is issued – it used often not to be so.The slowest item in the legal aspects is now the provision of up-to-date property information by the...
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If you are buying – get a survey

Posted by on Apr 12, 2009 in Abaddons Musings, conveyancing | 0 comments If you are buying a property, PLEASE get a survey. For a few hundred pounds, you can save yourself tens of thousands of pounds.First, if the survey reveals defects, you can re-negotiate the price to reflect theseSecond, if the survey does not reveal defects as such, it will include useful information, and at the very least will reassure you that there are no major problemsI used to think that...
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HIPs "upgraded" from 6 April

Posted by on Apr 12, 2009 in Abaddons Musings, conveyancing, estate agents, HIPs, lawyers, legal system, local, Tenterden | 0 comments Now that HIPs must include a PIQ, there is another hurdle to leap before marketing a property, but we at Nelsons Property Lawyers think we can help There are different versions of the PIQ for existing homes and for new homes – a new home for these purposes is a home that is being designed or constructed or which has never been occupied. – and different versions for freehold and for...
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Special offer for local first-time buyers

Posted by on Apr 8, 2009 in Abaddons Musings, communitarianism, conveyancing, lawyers, local | 0 comments To help local people stay local, we have introduced a very special, not-to-be-missed, fixed fee offer for local first-time buyers of property – see our leaflet for details
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Home Information Packs – again

Posted by on Apr 4, 2009 in Abaddons Musings, conveyancing, HIPs, legal system | 0 comments On Monday, the new, tighter rules for HIPs come into play -the HIP must be complete (well, nearly …) before the property is marketed, rather than being in the course of preparationthe HIP must include the Property Information Questionnaire: a very watered-down and pointless version of the full Property Information Form that buyers’ conveyancerswill expect to see; either the HIP...
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Dumped by the Abbey – an update

Posted by on Mar 28, 2009 in Abaddons Musings, banks, conveyancing, lawyers, small towns | 0 comments Following representations made by the Law Society to the Abbey, it appears that the preremptory letter issued to 6,000+ firms last wek is part of an exercise to invite firms to apply to joing a combined panel for the Abbey and Alliance + Leicester. If this is true, the original letter was extraordinarily cack-handed, as it gave no hint of this. It may be that the Abbey is finding a way to climb...
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