If you are buying or selling a property you will probably be intending to instruct a solicitor to deal with the conveyance. Shopping about for the best quote can be time consuming which is why Pali have added a facility to their website www.paliltd.com enabling members of the public to access solicitors and licensed conveyancers directly to find the best deal.

Simply click here: http://www.paliltd.com/solicitor-quote enter your details and you will be contacted directly by up to four legal professionals with their own independent offerings. All quotes are no obligation.

If you are a legal professional and would like to be added to our database, please telephone Johanna on 0151 201 2712 or email jo@paliltd.com.

Pali are pleased to announce the launce of their Bridging Finance and Bridging Loans service.

Bridging loans are short-term financing solutions. It is a loan (mortgage) secured on property (i.e. Residential, Commercial or Land) and the funds can be utilised for any purpose.

For the borrower, the benefits of Bridging loans are many and varied. For example, Bridging loans are considerably quicker and simpler to arrange than conventional residential mortgages. They are perfect for a wide range of personal and business financial situations, including a quick turnaround of a property purchased for renovation & sale and cash flow emergencies. When purchasing at auction Bridging loans are the highly suitable speedy method of exchanging contracts, winning contract races and as a means to fast completion. The loan will always be secured against a residential or commercial property and a first charge will be taken against new or existing property.

Due to the reluctance of lenders and the more stringent requirements of finance providers to provide finance the opportunities for developers and buyers to pick up bargains has never been greater. That is, of course, provided you have access to finance. Most estate agents have cheaper properties on their books that are prime for renovation but cannot be moved on due to the constraints of lenders. Pali can offer upto 70% of valuation at 1.5% per month with no exit fees. From enquiry to offer can take as little as an hour with finance being provided within seven to ten days. As previously stated, this is ideal for buying at auction as the auction houses usually give 21 to 28 days for completion. It is also a good way for first time buyers to get on the property ladder by buying a dilapidated property cheaply and renovating it themselves then re-mortgaging. If you have an interest in bridging finance please ring Nick,snr on 0151 691 1170 to discuss the options or email nicksnr@paliltd.com. Loans from £25k to £1m.

As of 10:10 this morning Home Information Packs have been suspended. Pali would like to reassure you that www.hipview.co.uk will stay online and any HIPs which have been ordered via the site will continue to be accessible for the foreseeable future.

Pali will continue to provide conveyancing searches to solicitors, property professionals and the public. This can still be done though Hipview, or alternatively you may choose to use our new website www.paliltd.com.

We would like to take this opportunity of saying what a pleasure it has been working with Energy Assessors and HIP Providers over the last few years. We thank you for your business and loyalty. We have all had a turbulent time and feel a great injustice has been done. We wish you the very best for the future. We will continue to hold your details in our database and if we can offer you anything in the future by way of EPCs or other proposals I hope you won’t mind if we contact you.

Good luck to you all.

Pali Team.

Centuries of British tradition has been swept away because a builder was just too cheeky. Robert Fidler (real name), 60, secretly built his dream home and cunningly hid it behind tarpaulin, disguising it as a haystack. He lived in it for four years. It was a flagrant attempt to take advantage of a loophole in local planning regulations which, in theory, means that buildings erected without permission to be declared legal if no objections are made after four years.

He even allowed a TV programme to be made about the castle.

But a judge in the High Court ruled that the building, near Redhill, Surrey was unlawful and that Fidler could not benefit from his deception. The castle, its conservatory, marquee, bridge, patio, decking and tarmac racecourse (yes really) will now be knocked down.
“This was a blatant attempt to flout the law,” said a spokesman for Reigate and Banstead Borough Council. Mr Fidler will of course, appeal.

The Association of Independent Personal Search Agents (IPSA) welcomes the findings of the Property Codes Compliance Board (PCCB) independent assessment into personal searches, but issues a warning to property professionals.

The PCCB investigation, which materialised from complaints made by those with a vested interest in undermining the private search industry, has highlighted that the initial PCCB assumption that Local Authority compiled searches could set a quality benchmark for private searches to be judged against was clearly incorrect.

Steve Davies, IPSAs CEO stated “IPSA welcomes the PCCB admittance that personal search reports compiled by its members under the IPSA Code Compliant and SearchCode schemes are every bit as accurate as Local Authority compiled searches.”

The detailed PCCB investigation via spot checks and involving Trading Standards Officers of over 900 search answers revealed no significant differences between the two types of report.

Christian Lister, IPSAs Chairman added “IPSA members are however still appalled by the heavy handed and accusatory stance taken by the PCCB in this investigation, which has alienated them even further from the IPSA membership and therefore today IPSA must issue a warning to Estate Agents and the Property Ombudsman to consider very carefully the PCCB proposal to take control and initiate doorstep and desktop compliance inspections of all Estate Agents.”

The PCCB has done nothing to combat the real problems facing the industry, by accepting unlawful charging for data and allowing industry debts by logo using accredited companies to spiral out of control, leaving the consumer with Home Information Packs that contain unusable documents.

No Sale No Fee HIPs – Free HIP if your Home Does Not Sell Within 9 Months

No Sale No Fee Home Information Packs are now available from Pali via Hipview.

Pali have been offering a deferred payment option now on Home Information Packs ordered through Hipview for over 12 months. You can now add an insurance policy to the deferred payment solution meaning that should the property remain on the market in excess of 9 months the HIP won’t cost a penny.

If you or your client choose the No Sale No Fee option when ordering the Home Information Pack the only initial cost will be £30. If the property sells within 9 months the HIP is payable on completion, but if it remains on the market for longer than nine months then any direct costs incurred for the HIP can be claimed back and what’s more, the HIP should still be valid.

For more information please telephone 0151 691 1170 or email nick@paliltd.com

Terms and Conditions:

There are some key conditions to the policy which should noted:
• The HIP Provider/ Estate Agent must note any recommendation to alter the sale price of the property made by the Estate Agent and Seller
• The Seller must comply with any advice given by the Estate Agent to reduce the price of the property and may not reject two or more offers within 90% of the asking price
• The HIP Provider/Estate Agent must note the rejection of any offer made on the property
• The property must be continually marketed during the period of insurance
• The property must be kept in a good state of repair
• The Property is a single private residential house or flat which is build complete at the order date.
• The Home Information Pack for which this cover is required has been produced in accordance with the relevant Home Information Pack Regulations.
• The Seller is not aware of any matter which could lead to a claim under the Policy.

A full set of Terms and Conditions will be provided with the Insurance Guarantee and are also available on request, or by clicking here.

For more information please contact your local Pali office or email: nick@paliltd.com or telephone 0151 691 1170 or visit our webpage.

In 2009 allegations were made of malpractice within the Personal Search Industry. The allegations were mainly made by opponents of the industry and were that the reports prepared by Personal Search Companies were inferior in quality to council searches and more widespread concern that certain firms were knowingly not buying all the required data or failing to access legitimate sources of information. In October, November and December 2009 the PCCB (Property Codes Compliance Board) carried out thorough investigations of its Code Subscribers with regards to these allegations.

Frank Finch of the PCCB today made the following statement:

‘In summary, the enquiry found no evidence to support the allegation of widespread non-compliance. Rather it confirmed that the searches sampled were substantially compliant with the relevant regulations and with the Search Code.’

A total of 58 searches, comprising 900 questions were scrutinised, with errors being found in just 3% of answers and none of these related to the substantive allegations that data was either missing or inappropriate data was being used.

Finch went on to comment on the errors by saying that they

‘Appear to result from a lack of diligence rather than deliberate attempts to short-circuit the provisions in the Code. This is borne out by the fact that these failings featured in searches conducted by both personal search firms and local authorities in roughly equal measure.’

In fact, over half of all errors or omissions identified in the exercise related to local authority reports.

This goes to prove that Council Searches are no more reliable than those provided by firms who subscribe to the Search Code.

Grant Shapps, the “campaigner” has carried out yet another PR stunt. This time he wrapped a house in red tape in an attempt to highlight the bureaucracy of the home information packs.

The owners of the home, David and Helen Wright, where apparently released from their “red tape hell” by the hero Shapps. Apparently they went on to sell their house due to the publicity received; I bet they had no complaints about the speedy completion process.

Hips 1 – Shapps 0.

Some of you may remember previous Shapps Stunts. He slept homeless on the streets in London on Christmas Eve in London to highlight the problems of the homeless, well Mr Shapps it is a shame that did not solve the problem of homelessness and scrapping the HIP’s will not solve the Recession.

With buy now pay nothing until completion Hips that are exchange ready from PALI the house selling and purchasing process has never been so quick and cheap. Hips are floored, they need fixing, not scrapping.

 

 

As you are probably aware the VAT rate will be increasing back to 17.5% from 1st January 2010. Our prices will therefore be increased where applicable. In addition to this some Local Authorities are increasing their Land Charges fees.

To see how the price of the Local Authority Search in your area will be affected please: CLICK HERE

The new prices of our most popular additional searches will be:

£55.00 - Residential Drainage and Water Searches
£  7.53 - HMLR Office Copy Registers and Title Plans
£33.50 - Copy of Lease
£49.00 - Groundsure Residential Environmental Report (Home Buyers Review)
£39.84 - Residential Coal Mining and Cheshire Brine Search
£23.50 - ChancelCheck Search 

All prices above are inclusive of VAT

For a full price list please contact your local Pali office or email jo@paliltd.com