We have rather assertive vendors who has insisted on a lock out contract with a payment of 5k. Are such agreements sensible?
There are a couple of primary drawbacks with entering into any lock out agreement (sometimes known as an exclusivity agreement) is that it diverts attention away from progressing with the conveyancing transaction itself, so in the absence of it needing minimal or no negotiation then it may transpire to be unhelpful. It is not particularly popular amongst Chiswick conveyancing practitioners as a result. A supplemental concern is the extent of the remedies available - a jilted purchaser is not likely to be issued with an injunction to stop the vendor completing the sale to a third party, so the only remedy available under the contract will be the reimbursement of abortive charges and, in rare situations, the additional payment of damages.
I am in the process of mortgaging my home in Chiswick, does my lawyer need to be on the Santander Conveyancing panel?
In theory, you could use a solicitor that is not on the Santander conveyancing panel, but Santander would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
My wife and I are buying a house in Chiswick. I might seem paranoid but how we can trust a solicitor? On completion day we will need to deposit funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are planning to move home in May. Will my conveyancing solicitor update the removal company on the day of completion. As an aside, can you recommend a removal company in Chiswick. Conveyancing solicitor was organised before I stumbled across your page.
On the afternoon of completion you can collect the keys from the selling agent however this can only happen after the vendors conveyancers advise the agent that the monies to complete are in and the keys can be passed over. After that you will need to advise the removal men that they can start moving you in. We are not in a position to recommend a particular removal company but can assist you in choosing a residential property solicitor in Chiswick or a legal practice with expertise in conveyancing in Chiswick.
When it comes to lenders such as Leeds Building Society, do Chiswick lawyers incur a yearly amount to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
Due to the advice of my in-laws I had a survey completed on a house in Chiswick before instructing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend not grant a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chiswick. Conveyancing will be smoother if you use a solicitor in Chiswick especially if they are acquainted with such properties in Chiswick.
How does the Landlord & Tenant Act 1954 impact my commercial property in Chiswick and how can you help?
The 1954 Act gives protection to commercial lessees, giving them the right to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and help with commercial conveyancing in Chiswick
I need to find a conveyancing solicitor for freehold conveyancing in Chiswick. I happened to land on a site which looks to be the ideal offering If it is possible to get all this stuff completed via email that would be preferable. Should I be wary? What are the potential pitfalls?
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?