Call us today 0800 470 0331
Divorce & Family
We are a leading team of Divorce and Family Solicitors with our specialist divorce solicitors providing expert advice about divorce and separation.
Conveyancing Quote
Our property lawyers will explain every step of the conveyancing process, and make it as professional, swift and seamless as possible.
Share article:
When buying a property the risk of ensuring that it is a good investment generally lies with you, not your seller. This is known as the principle of ‘Caveat Emptor’ or Buyer Beware.
The risks can vary from simply having a property full of unwanted furniture, or a boiler that does not work, to something more serious.  In a worst case scenario you could end up with a property that you are unable to sell in the future.
Your lawyer will mitigate the risks by carrying out a full investigation of the property’s legal title. They will let you know what rights and restrictions the property is subject to. However, they are unlikely to have visited the property. So make sure you do the following:
You would also always be advised to have a survey carried out on the property. If you have any particular concerns, make sure you have flagged these up with the surveyor in advance.  The surveyor will be able to give a detailed report on its condition. You can then be prepared for any repairs which might be required. You could also negotiate for the seller to deal with any problems before completion.
It is also wise for you to have separate reports carried out on the central heating system, boiler and electrics. There is nothing worse than moving into your dream home to find that the boiler does not work. If you know in advance, you can often negotiate contributions or a discount with the seller if maintenance is required.
Once contracts are exchanged, you are committed to buying the property in whatever condition it is in. It can therefore be helpful to arrange one final viewing just before authorising your solicitor to exchange contracts. If you have any concerns about the state of the property, this is the time to raise them.
For more tips on what to check buying buying your new home, go to https://www.which.co.uk/money/mortgages-and-property/first-time-buyers/guides/buying-a-home/house-viewing-checklist, or call one of Poole Alcock’s friendly conveyancers on 01270 625478. We’ll be happy to talk you through the process.
Share this article:
Related Insights
What is a Grant of Probate?
A Grant of Probate (‘Grant’) is a legal document which is often
My loved one can’t make their own decisions anymore – what do ...
Many people rely on their loved ones, whether their family or their
National Grief Awareness Week 2023
National Grief Awareness Week 2023 2nd December – 8th December National Grief
Estate Agents: have you got your head around the new Material Information ...
Estate Agents: have you got your head around the new Material Information
HSE Inspect woodworking businesses
The HSE have confirmed that they have started targeted visits within the
Family Team Ranked in Prestigious Chambers & Partners Directory 2024
The Family Department are delighted to announce that they have been again
This site is protected by reCAPTCHA and the Google. Privacy Policy and Terms of Service apply.