The owners of the property we are hoping to buy have instructed a conveyancing solicitor in Dunholme who has recommended a preliminary contract with a non-refundable deposit 6,000. Is it wise to enter into such agreements?
There are two main downsides with entering into any lock out agreement (sometimes referred to as an exclusivity agreement) is that it can distract from making progress with the conveyancing work, so unless it requires minimal or no negotiation then it could turn out to be a hindrance. It is not particularly popular by Dunholme conveyancing lawyers for this reason. The other main concern is the extent of the remedies available - an aggrieved buyer is extremely unlikely to be granted injunctive relief to prevent the owner selling to another buyer, so the only remedy open via the agreement will be the reimbursement of wasted charges and, in limited circumstances, the additional payment of penalties.
I am purchasing a property and require a conveyancing solicitor in Dunholme who is on the Alliance & Leicester conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Dunholme. We dont recommend any particular firm.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who conducted the conveyancing in Dunholme 5 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your conveyancer will know exactly where to look for all the suitable paperwork so you may buy or dispose of your property without any difficulty. Where duplicates can’t be found, your solicitor may be able to put in place insurance or indemnities protecting you against future claims on your premises.
Just had an offer accepted on a new build flat in Dunholme. 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 legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Dunholme
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply a car parking plan.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Dunholme is the location of the property. Can you shed any light on this issue?
Flying freeholds in Dunholme are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dunholme you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dunholme may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm remortgaging my existing house to a BTL loan with Nottingham Building Society and I will use the ballance of the raised equity as a deposit on further house. The location we are interested in is Dunholme. Will your solicitors be able to act for both sets of mortgage companies and tie in the transactions?
Do use our search tool on this site to be sure that the conveyancers are on the appropriate lender panels. On the basis that they are the solicitor will be able to tie up the two transactions but you should have a chat with you solicitor and specify your expectations and requirements.