The vendors of the property we are looking to purchase are using a conveyancing solicitor in Cann Hall who has recommended a preliminary agreement with a payment 6,000. Are such agreements sensible?

Exclusivity agreements are contracts binding a property owner and purchaser giving the buyer a ‘clear field’ to the sale of the property for a set period of time. Essentially, an exclusivity agreement is a contract stating that you will be issued with a contract at a later date which is the main conveyancing contract. It is generally utilised for buyer protection though in some cases, the seller may stand to benefit from such agreements as well. There are numerous positives and negatives to having an agreement but you need to check with your solicitor but note that it may result in costing you extra in conveyancing charges. For this these contracts are unusual in relation to conveyancing in Cann Hall.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, no chain conveyancing. Cann Hall is where the house is located. Is there any advice you can give?

Flying freeholds in Cann Hall are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cann Hall you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cann Hall may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I am downsizing from my property. My previous solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Cann Hall if that makes things easier.

Do use our search tool to help you find a solicitor for your conveyancing in Cann Hall. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.

I purchased a split level flat in Cann Hall, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Comparable properties in Cann Hall with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease terminates on 21st October 50

With only 50 years unexpired the likely cost is going to be between £36,100 and £41,800 plus costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

A licensed conveyancer handled my conveyancing in Cann Hall half a dozen years past and was holding my title documents but has since been shut down – What steps do I now take to get hold of them?

Title deeds, as such, no longer exist as the majority of homes in Cann Hall are recorded electronically at Land Registry. Should you need to prove ownership or are selling or re-mortgaging your will need to obtain up to date copies of the register from the Land Registry in any case.

If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.