The owners have rather brash vendors who has recommended a lock out agreement with a payment 10k. Are such agreements sensible?
There are a couple of main downsides with executing a lock out agreement (sometimes referred to as a no-shop agreement) is that it diverts attention away from making progress with the conveyancing process, so unless it requires minimal or no negotiation then it may turn out to be a cause of frustration and delay. It is not promoted by Ashton Under Lyne conveyancing lawyers as a result. A further issue is the extent of the remedies available - an aggrieved buyer is very unlikely to be issued with an injunction to prohibit the owner completing the sale to a third party, so the only remedy available under the agreement will be the recovery of wasted charges and, in restricted scenarios, the extra payment of damages.
We are selling our house in Ashton Under Lyne and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Ashton Under Lyne lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using an online conveyancing firm rather than a conveyancing solicitor in Ashton Under Lyne. We have lived in Ashton Under Lyne for 5 years we know that this is a non issue. Should we contact our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I have justbeen informed that Wolstenholmes have closed. They carried out my conveyancing in Ashton Under Lyne for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The easiest method to check if the premises is in your name, you can carry out 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 Ashton Under Lyne conveyancing specialists.
Just had an offer accepted on a new build flat in Ashton Under Lyne. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ashton Under Lyne
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the input of my in-laws I had a survey completed on a property in Ashton Under Lyne ahead of instructing solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some lenders may refuse to issue a loan on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. If you call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Ashton Under Lyne. Conveyancing will be smoother if you use a solicitor in Ashton Under Lyne especially if they regularly deal with such properties in Ashton Under Lyne.
How easy is it to swap firm as I need to retain a firm on the Lloyds TSB Bank conveyancing list. I hired a high street conveyancing solicitor in Ashton Under Lyne round the corner but the firm is not approved by Lloyds TSB Bank
We will our best to assist in finding you a conveyancing solicitor in Ashton Under Lyne on the Lloyds TSB Bank panel. Please note that the property lawyers that we on the directory do not pay us a referral fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Ashton Under Lyne. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Ashton Under Lyne.