The owners have rather assertive vendors who has insisted on a exclusivity contract with a payment 6,000. Is it wise to enter into such agreements?
There are two primary drawbacks with signing a lock out agreement (sometimes known as a no-shop agreement) is that it takes away the focus from moving forward with the conveyancing work, so unless it requires minimal or no negotiation then it may transpire to be a hindrance. It is not promoted amongst Great Shelford conveyancing practitioners as a result. A further concern is the extent of the remedies available - a jilted purchaser is very unlikely to secure an injunction to prevent the seller completing the sale to an alternative purchaser, so the only remedy open via the agreement will be the reimbursement of wasted charges and, in rare circumstances, the additional payment of penalties.
I have todaydiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Great Shelford for a purchase of a freehold house 9 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The easiest way to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Great Shelford conveyancing specialists.
Due to the advice of my in-laws I had a survey completed on a property in Great Shelford prior to retaining lawyers. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some lenders may refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Great Shelford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Great Shelford to see if the conveyancing will be more expensive.
I am looking to sell my property. My former solicitors have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Great Shelford if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Great Shelford. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I previously advised by my mortgage company that their approved conveyancers operate no completion no fee basis for conveyancing in Great Shelford. My purchase aborted yet the solicitors want search fees! They are stating that the fees are seperate!
By offering "no completion no fee" Great Shelford conveyancing firms are waiving their charges for any work carried out. We must stress this does not constitute an insurance scheme. Disbursements aren’t covered – where the conveyancer have to pay money out to independent parties, e.g. Great Shelford local search fees