Property Misrepresentation Claims
Almost everyone is familiar with the idea that buying a new home is one of the most stressful things that we do in life. For most of us it will be the most expensive financial transaction we ever make. Unfortunately, sometimes this situation can be made even more difficult when property misrepresentation arises.
What is property misrepresentation?
Property misrepresentation occurs if you were lied to or misled by the seller of a property during the sale which then led you to purchase the property. In order for this kind of claim to be brought forward, you will need to establish that something was said, implied or written to you. The misrepresentation will depend on the issue, for example, if the inner structure had problems that were not identified prior to the sale, then your claim would be against the Surveyor.
How does the law work here?
The law requires a purchaser or buyer of a property to make all necessary checks and searches before buying. If something is missed, then ‘Buyer Beware’ – or Caveat Emptor – takes effect. This means that it is the buyer’s responsibility to make sure everything is as it should be.
Once the property is sold, the buyer cannot go back to the seller to reverse the sale or ask for some money back. However, while it is the job of the buyer’s solicitor to ensure that all proper searches are conducted, it is the seller’s responsibility to provide full and honest information about the property before a decision is made.
If you believe that important information has come to light after the property has been purchased, that you believe should have been disclosed before you bought it, then you could be entitled to claim against the seller or your solicitor.
How much compensation could I receive for property misrepresentation?
Property misrepresentation claims can often be very valuable. In one case handled by The Claims Partnership, the buyers of a property received £67,000 after the seller failed to disclose important information to them about the building, which was sold for £124,000. The settlement amount represented 54% of the value of the property.
At The Claims Partnership, we can help investigate whether you have a claim for compensation in relation to the purchase of your home or building, as well as bringing a claim for you, should you decide to proceed.
How can we help?
At The Claims Partnership, we are dedicated to working in your best interests and to providing a great value and high quality claims service. We treat our clients with integrity and fight their corner. We feel confident enough in our skills and experience to say that if it is legally possible to win your claim – then we will win it for you.
Our promise on costs
At The Claims Partnerships, we have three simple rules which apply to our Dispute Resolution service:
- We never charge our client anything until the day they receive their compensation payment
- We guarantee that all our clients will receive a minimum percentage of the compensation they are awarded
- We will agree that minimum percentage with our clients before we start work on their claim
Please see our page on Dispute Resolution costs for more details or contact us on 01772 562084.
Contact Us
If you would like to discuss your claim or how we can help you, please contact us by phone on 01772 562084, by e mail at info@www.theclaimspartnership.co.uk or by any of the Quick Contact Forms on this page. We don’t charge. We are never in a rush and we’re happy to help you as much as we can.
UNFORTUNATELY, OUR PROPERTY MISREPRESENTATION DEPARTMENT IS WORKING AT FULL CAPACITY AT THE MOMENT. WE ARE SORRY BUT THE CLAIMS PARTNERSHIP WILL NOT BE TAKING ON ANY NEW PROPERTY MISREPRESNTATION CLAIMS IN THE NEAR FUTURE. PLEASE FEEL FREE TO SEND YOUR CONTACT DETAILS TO US AND WE WILL CONTACT YOU DIRECTLY WHEN WHEN ARE ABLE TO TAKE ON NEW WORK