Manchester Property Lawyers See Error With Proposed Home Sellers Packs
We are all aware that the process of selling one’s house can be a tricky business; especially if you are new to the game and aren’t aware of all the ‘hidden costs’ that one may incur in making the sale; however, a Manchester conveyancing solicitor has criticised a new bid by the government to put even more costs on to the process of selling a property.
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The government aims to make the much-contested Home Information Pack compulsory in an upcoming Housing Bill, with new laws within the conveyancing world having been proposed, laws that would cause homeowners to pay approximately 600 simply to put their property on the market.
This has been labelled a ‘disgrace’ by its opposers, including one Manchester conveyancing solicitor who has asserted that it will ‘open up a can of worms’. Its crux is that before a seller puts their property on the market, they will have to prepare a Home Information Pack, or HIP.
This will require many aspects of conveyancing that would not necessarily be needed under regular circumstances, including a surveyor’s report and land registry documentation. Dependant on circumstances, this could take up to and exceeding six weeks to properly prepare.
The Manchester conveyancing solicitor claims that this law is an unnecessary addition to the conveyancing process, as it will be much more hassle than it is worth. One point that he makes is that if the person looking to purchase a property is aiming to borrow money for the buy, which almost all buyers are, then the building society or bank that they wish to borrow from will insist on using their own surveyor.
If the two surveyors disagree on some parts of the process, which they inevitably will do, then this will lead to unnecessary complications, as the very nature of surveying leads to a certain element of subjectivity.
This may be all very well for the surveyors who can discuss such complications while clocking up more billable hours, but it could be a financial nightmare for the buyer, and an administrative nightmare for a conveyancing lawyer. The Manchester conveyancing solicitor claims that we have a good, useful system now and ‘if it ain’t broke, don’t fix it’.
Contact a Manchester conveyancing solicitor today, to see if you can make the conveyancing process just a little easier; With all this confusion and speculation surrounding the process of buying a house, it is essential that you receive the best legal advice that you can get.
Searching for a good Manchester Conveyancing Lawyer can be demanding and expensive. If you are looking for Conveyancing Solicitors in Manchester then TakeLegalAdvice.com has a free service to match your requirements with the best law firm.
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