My wife and I are due to complete buying a property in Forest of Dean but as a result of damage from some water damage at the property I have managed to agree reparation from the vendor of three thousand pounds by way of a adjustment in the price. I had intended this to be addressed as part of a side agreement however RBS are not allowing this. Should they have been notified?
Your solicitor being on the RBS approved list is duty bound to inform RBS of any amendments to the purchase price. If you were to refuse your property lawyer to disclose the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new property lawyer for your conveyancing in Forest of Dean.
Will lawyers request money up-front when it comes to conveyancing in Forest of Dean?
Where you are retaining lawyers for conveyancing in Forest of Dean your solicitor will ask you place them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the sale price then this will be required shortly in advance of exchange of contracts. The final balance that is needed should be sent to your lawyer shortly before completion.
How does conveyancing in Forest of Dean differ for new build properties?
Most buyers of new build property in Forest of Dean approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Forest of Dean typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Forest of Dean or who has acted in the same development.
In what way can the Landlord & Tenant Act 1954 affect my business property in Forest of Dean and how can your lawyers assist?
The particular law that you refer to gives protection to commercial tenants, giving them the a statutory right to make a request to court for a renewal tenancy and continue in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Forest of Dean
How much experience do your Forest of Dean conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Forest of Dean conveyancing lawyers help thousands of people move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Forest of Dean conveyancers have worked on recent similar cases.