Indemnity insurance for a historic extension

kazzamunga

No she said it doesn't affect the lender. 
Lol, the extra time comment cracked me up! They've had four months to fill out a contract template and ignore 90% of phone calls and emails and....not much else, but yeah, I guess any more than that, like...an actual purchase that doesn't need daily chasing and everyone involved to be an expert in conveyancing to be able to spot what the solicitors have missed, is too much to expect! Anyone going to reimburse me for all the voicemail messages and emails I've had to do in work hours? Sigh. 

Anyway, thanks for answering my question about the indemnity, I'm not sure why it always needs to unravel like this. I could say the seller had hidden some landmines in the basement and the house exploded when we entered and all I'd get is 'well duh, what did you expect? It's buyer beware!' 

AdrianC

kazzamunga said:

No she said it doesn't affect the lender.

So the lender have confirmed they are happy for there to be no risk from the lack of BR... And it's now your call whether you want an indemnity or not.

Lol, the extra time comment cracked me up! They've had four months to fill out a contract template and ignore 90% of phone calls and emails and....not much else

Apart from several hundred other purchases. You aren't paying for exclusive use of their time. You take your turn in the queue.

By your comment about the paralegal, do I presume this is some national conveyance-warehouse outfit rather than an actual local practice? Chosen on price...?

I'm not sure why it always needs to unravel like this. I could say the seller had hidden some landmines in the basement and the house exploded when we entered and all I'd get is 'well duh, what did you expect? It's buyer beware!'

Well, yes.

You buy a property with a wartime UXB in the garden (and it happens more often than you think - they found several on an industrial estate local to me just the other week), then are you going to complain to? Angela Merkel?

No, that does not mean that if you bought Fred West's old house, you'd be going down for multiple murders... But it's your garden that's going to look a right mess...

Mickey666

kazzamunga said:

The solicitor said it won't affect the mortgage, and we did of course get a full survey - we've tried to do it by the book even if no one else involved can be bothered. 
These solicitors are crap just like any others i've dealt with - a bit of research seems paramount to me, whether or not they are obliged to. My sister is currently buying and guess what? Hers are crap too. Oh, and I'm selling with another solicitor and anooooother shower of s*it. 

A conveyancing solicitor is not going to advise you about the property you want to buy because their job is to handle the legal aspects of the purchase you've instructed them to handle on your behalf.  They are not going to advise you on the suitability of the property, that's your responsibility. 

To help you with that responsibility, a solicitor will point out any potential legal issues with the property, a surveyor will point out any potential structural issues with the property, you may ask other specialists for additional information as well, eg, boiler service history, electrical installation condition, or anything you like really, but the buying decision remains yours and yours alone.

kazzamunga

AdrianC said:

So the lender have confirmed they are happy for there to be no risk from the lack of BR... And it's now your call whether you want an indemnity or not.

Yep, which was why I asked the question I asked - not all this other stuff.

By your comment about the paralegal, do I presume this is some national conveyance-warehouse outfit rather than an actual local practice? Chosen on price...?

Wrong again! Local company, recommended by a colleague. But that was before the original solicitor, who we hired for the first property we tried to buy, last August (we're now on the fourth), was laid off, and they don't appear to have any solicitors left, just paralegals. Ha seriously, it's very simple - I have been very straightforward, and very sensible - about my house buy and my flat sale, and my sister has been the same about her move. Conveyancing solicitors are a collective, uncommunicative and unhelpful, shower of sh*t - end of . And it's a countrywide thing - Lancashire, London and Sussex - sh*te .

Mickey666

Once upon a time I had a work colleague who was involved in so many car accidents he was infamous throughout the company.  Apparently, none of the accidents were ever his fault and were always caused by all the other idiots on the road. 

kazzamunga

Lol honestly I don't know why you're getting this impression.

AnotherJoe

kazzamunga said:

It's not an obvious extension really - it's adjacent to the dining room (which presumably used to be the kitchen) and could have been there for 50 years, I have no idea. Don't solicitors look at pictures of the houses they work on, which are readily available on Rightmove? And if not, why not? Seems a bit remiss.

Plausible deniabilty.

AnotherJoe

kazzamunga said:

AdrianC said:

So the lender have confirmed they are happy for there to be no risk from the lack of BR... And it's now your call whether you want an indemnity or not.

Yep, which was why I asked the question I asked - not all this other stuff.

By your comment about the paralegal, do I presume this is some national conveyance-warehouse outfit rather than an actual local practice? Chosen on price...?

Wrong again! Local company, recommended by a colleague. But that was before the original solicitor, who we hired for the first property we tried to buy, last August (we're now on the fourth), was laid off, and they don't appear to have any solicitors left, just paralegals. Ha seriously, it's very simple - I have been very straightforward, and very sensible - about my house buy and my flat sale, and my sister has been the same about her move. Conveyancing solicitors are a collective, uncommunicative and unhelpful, shower of sh*t - end of . And it's a countrywide thing - Lancashire, London and Sussex - sh*te .

Well if you ever sell in Bristol i can recommend a top notch solicitor / conveyancer.

She even responded to emails on Sundays.

Sale went through without a hitch.

kazzamunga

Bully for you . In other news (with crap solicitor no2 who is dealing with our sale, separately from our purchase), I just found out from the leaseholder, who is providing an information pack for the buyers which is the last outstanding bit of information, that they only received their payment on Monday. I made the relevant payment to the solicitor on 26th August and it sat in their account for almost a month. This is the kind of crap I'm talking about. Over and over again. My sister's entirely separate solicitor almost cost them the sale by miscalculating the fees due and then providing the wrong information when speaking to the lender about a redemption statement. Crap crap crap.