The sellers of the property we are looking to purchase have appointed a conveyancing practitioner in Epsom who has recommended a exclusivity contract with a down payment 6,000. Is it wise to enter into such agreements?
There are two main concerns with executing a lock out contract (also referred to as a no-shop agreement) is that it takes away the focus from progressing with the conveyancing process, so in the absence of it needing little or no negotiation then it may transpire to be a hindrance. It is not strongly advocated amongst Epsom conveyancing lawyers for this reason. A further issue is the extent of the remedies available - a jilted purchaser is extremely unlikely to win an injunction to prevent the vendor selling to an alternative purchaser, so the only remedy available under the agreement will be the reimbursement of wasted costs and, in limited scenarios, the extra payment of penalties.
I have been recommended a conveyancing solicitor in Epsom. I I would like to check whether they are accepted on the Halifax conveyancing panel. Could you or the lender confirm if they are on the panel?
You should phone your conveyancer and ask them whether they are on the lender panel. Alternatively you should call Halifax who may be able to assist.
We are due to move property in April. Will my conveyancing solicitor update the removal company on the completion day. Incidentally, can you recommend a removal company in Epsom. Conveyancing solicitor was chosen before I stumbled across your website.
On the day of completion you will need to pick up the house keys from your selling agent but this should only be done after the vendors solicitors inform the agent that the monies to complete are in and the keys can be handed over. You should advise the removal men that they can start moving you in. We do not recommend a specific removal company but can assist you in choosing a residential property solicitor in Epsom or a legal practice with expertise in conveyancing in Epsom.
My fiancee and I are spending time viewing apartments in Epsom and I am about to put in an offer. Should I already have a lawyer in place at this stage? I will be getting a home loan with Bank of Ireland.
It would be wise to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. As you are seeking a mortgage with Bank of Ireland, make sure you remember to check that your lawyer is on the Bank of Ireland conveyancing panel.
I have instructed a Epsom conveyancer having made sure that they are on the RBS conveyancing panel. Does my lawyer arrange the survey of the property?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS 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. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Epsom postcode. As you are getting a mortgage with RBS, you could contact them to see if they have a list of approved surveyors in Epsom.
I have justdiscovered that Wolstenholmes have closed. They carried out my conveyancing in Epsom for a purchase of a leasehold apartment 18 months ago. How can I establish that the property is in my name in the name of the previous owner?
The quickest way to see if the property 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 Epsom conveyancing specialists.
How does conveyancing in Epsom differ for new build properties?
Most buyers of new build or newly converted property in Epsom contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Epsom typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Epsom or who has acted in the same development.
My company is intending to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering competitive costs for non-domestic conveyancing in Epsom for less than 2k?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Epsom, including the disposal and acquisition of businesses as well as simply premises. If you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right solicitor. Regarding the fees these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your details or phone so as to enable us to furnish you with a detailed commercial conveyancing quote.