The sellers of the house we are purchasing are using a conveyancing solicitor in Coney Hall who has suggested a preliminary contract with a deposit 6,000. Is it wise to enter into such agreements?
Exclusivity agreements are contracts between a property owner and purchaser granting the buyer a ‘clear field’ to the sale of the property for a certain period of time. Essentially, a lock out is a document stating that you should receive a contract at a later date which is the contract for the actual sale. It tends to be utilised for buyer assurance though in many situations, the proprietor may stand to benefit from such agreements as well. There are various positives and negatives to using an agreement but you should to check with your lawyer but beware that it may result in costing you more in conveyancing fees. For this these contracts are rare in relation to conveyancing in Coney Hall.
A colleague informed me that in purchasing a property in Coney Hall there could be various restrictions prohibiting external alterations to a property. Is this right?
There are a number of properties in Coney Hall which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Coney Hall should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We had selected conveyancing lawyers locally in Coney Hall on the Nationwide solicitor approved list. They are now charging me an additional sum for dealing with the Nationwide mortgage. Is this an additional conveyancing fee specified by Nationwide?
Unfortunately, as long as it is in their Terms of Engagement or estimate then yes your lawyer may charge a fee for this. This fee is not dictated by Nationwide but by your Coney Hall property lawyer. Numerous firms on the Nationwide panel will charge ’dealing with mortgage’ fee but plenty of practices incorporate it on their overall fee.
I have instructed a Coney Hall conveyancing practitioner having made sure that they are on the Lloyds conveyancing panel. Does my lawyer arrange the survey of the property?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Coney Hall surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
The deeds to our property are lost. The solicitors who handled the conveyancing in Coney Hall 4 years ago no longer exist. Will I be able to sell the house?
In today’s world there are duplicates made of almost everything, and your conveyancer will know exactly where to locate all the relevant paperwork so you can buy or sell your house without a hitch. Where copies are not available, your lawyer can put in place insurance or indemnities against future claims on your premises.
Is it possible to change firm as I need to select a firm on the The Mortgage Works conveyancing list. I was using a family conveyancing solicitor in Coney Hall round the corner but the firm is not approved by The Mortgage Works
It would be our pleasure to help you find a conveyancing solicitor in Coney Hall on the The Mortgage Works panel. Please note that the property lawyers that we list 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 Coney Hall. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Coney Hall.
I have just started marketing my garden apartment in Coney Hall. Conveyancing has not commenced, but I have recently received a yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as usual as all rents and maintenance charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have given up trying to purchase the freehold in Coney Hall. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to calculate the sum to be paid.
An example of a Lease Extension decision for a Coney Hall residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired term was 50.57 years.
We today discovered that one of the partners of the law firm undertaking the purchase conveyancing in Coney Hall is an aunty of the seller. Is this allowed?
Provided there is no conflict of interest this is permitted. Where you are requiring mortgage finance then the bank may have a say as many banks have specific instructions concerning this. For example for Royal Bank of Scotland as of 25/5/2025, the requirements read as follows :