We have rather brash sellers who has recommended a exclusivity contract with a non-refundable deposit 6,000. Are such arrangements appropriate for Essex conveyancing transactions?
Exclusivity contracts are agreements binding a home seller and prospective buyer giving the buyer the sole right to the sale of the property for a set period of time. For all intents and purposes, an exclusivity agreement is a contract specifying that you should receive a contract at a later date being the contract for the actual sale. It is generally utilised for buyer protection though in some cases, the vendor may enjoy an upside from such agreements as well. There are numerous pros and cons to having them but you need to check with your conveyancer but beware that it may end up costing you extra in conveyancing charges. For this these agreements are unusual when it comes to conveyancing in Essex.
It is 10 years ago since I purchased my house in Essex. Conveyancing lawyers have recently been instructed on the sale but I can't locate my title documents. Is this a problem?
Don’t worry too much. Firstly there is a possibility that the deeds will be with your lender or they may be in the possession of the conveyancers who oversaw your purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Almost all conveyancing in Essex involves registered property but in the rare situation where your property is unregistered it is more tricky but is resolvable.
I am looking for a ground for flat up to £195,000 and found one near me in Essex I like with a park and railway links nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in Essex suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a mortgage that many years will likely be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
My business partner and I are wishing to lease a unit on the high street. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Essex for less than £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Essex, including the sale and acquisition of businesses as well as simply premises. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. As for the fees this will depend on the structure and terms of the proposed transaction. Please provide us with your details or call so as to enable us to supply you with comprehensive commercial conveyancing calculation.
I need to instruct a conveyancing solicitor for my conveyancing in Essex. I happened to land on a site which seems to have the ideal offering If there is a chance to get all this stuff completed via phone that would be preferable. Should I be concerned? What should out be looking out for?
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?
Should one as executor remove a deceased person's details from the title deeds for a house in Essex?
Where a Essex property is jointly owned and one of the proprietors dies, their name will not automatically be removed from the title deeds. You are not required to amend the title as when it comes to a sale you would just need to evidence why the co proprietor is missing from the transfer, such as the probate documents.
With a view to making the sale conveyancing smoother for the sale of the property you can arrange to have the deceased person removed from the title by submitting an application to HMLR with proof of the death. There is no land registry fee payable.