The vendors of the property we are purchasing hired a conveyancing practitioner in Dorridge who has recommended a exclusivity contract with a non-refundable deposit 6,000. Is it wise to enter into such agreements?

There are a couple of primary downsides with entering into any lock out contract (also referred to as a no-shop agreement) is that it takes away the focus from making progress with the conveyancing transaction itself, so in the absence of it needing limited or no negotiation then it could turn out to be a cause of frustration and delay. It is not strongly advocated by Dorridge conveyancing lawyers as a result. A further concern is the extent of the remedies available - an aggrieved buyer is not likely to win an injunctive ruling by a court to stop the owner completing the sale to an alternative purchaser, so the only remedy open via the agreement will be the reimbursement of wasted charges and, in limited circumstances, the extra payment of penalties.

We note that you have a search directory listing law firms on the conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Dorridge?

We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Dorridge.

I am assisting my sister sell her flat in Dorridge. Will the conveyancer arrange an EPC or it is for me to coordinate?

After the demise of Home Packs, energy assessments was retained a required component of selling a property. An energy assessment should be commissioned before the property is put on the market. This is not something that law firms normally arrange. If you are instructing a Dorridge conveyancing lawyer they may be able to arrange energy assessments given their contacts with long established Dorridge assessors

I'm the sole recipient of my late mum's will and I have everything in my name alone, including the house in Dorridge. The Dorridge property was put into my name in . I want to move. I do know about the CML six month 'rule', which means that my property ownership will be regarded the same way as if I'd bought the property in . Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How sensible a view mortgage companies take of it, depend on the bank as this clause is primarily there to pick up on the purchase and immediately sell or the quick reselling of properties.

have agreed my mortgage in principle, my offer on a flat in Dorridge has been agreed to, what happens next?

Your estate agent will need to know who your solicitors are (be sure the are on the bank’s approved list). Call up or the broker and finish off any relevant paperwork. will sellect a valuer who will get in contact with the selling agent or owners to book an appointment. Once conducted (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. will issue the offer to you and your . The legal work will then take it’s course according the nature and complexity of the conveyancing in Dorridge.

I am purchasing a new build house in Dorridge with a mortgage from . The developers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not to tell my lawyer about this extras as it may put at risk my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I need to retain a conveyancing solicitor for purchase conveyancing in Dorridge. I have stumble across a site which looks to be the perfect offering If it is possible to get all this stuff done via web that would be preferable. Do I need to be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?