We have rather pushy vendors who has recommended a exclusivity agreement with a non-refundable deposit of 5k. Are such agreements sensible?
This kind of arrangement is not the norm in Grappenhall, conveyancers are not keen on them as they detract from focusing on the primary objective, namely conveyancing and if you end up having your deposit forfeited then the lawyer at best left with an upset client and at worst a litigious one. In addition, there is no certainty that just because the owner has entered into an exclusivity contract they will complete the sale with you. They may breach the contract if they are offered a big enough financial inducement to do so because a wronged purchaser with the benefit of a lockoutcontract will still be obliged establish consequential losses from the breach and this may not equalise the extra amount that the owner may gain by reneging on the contract, however morally reprehensible it undoubtedly is.
How do I investigate if the solicitor handling my conveyancing in Grappenhall is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Skipton Building Society thus paying £187.00 plus VAT in further conveyancing fees.
Please do take advantage of the find a conveyancing panel solicitor tool on this page. Pick the lender and type ‘Grappenhall’ or your preferred area and you will discover a number of lawyer located in Grappenhall or nearest you.
What is the difference between a licensed conveyancer and conveyancing solicitor in Grappenhall
Two types of professional can execute conveyancing in Grappenhall namely licenced conveyancers or solicitors. Both professionals administer conveyancing services that you need to complete the sale or acquisition of property. Both are required to conduct Grappenhall conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally carried out and that the requisite steps should be appropriately attended to.
I am planning to move property in February. Should my conveyancing solicitor update the removal company on the day of completion. As an aside, can you suggest a removal company in Grappenhall. Conveyancing solicitor was chosen before I stumbled across your site.
On the day of completion you can pick up the house keys from the estate agent however this should only take place when the previous owners lawyers inform the agent that the monies to complete are in and the keys can be released. After that you can inform the removal company that you are ready to move in. We do not suggest a specific removal organisation but can assist you in finding a conveyancing in Grappenhall or a firm that specialises in conveyancing in Grappenhall.
We have a mortgage agreed in principle with Nationwide. Grappenhall conveyancing practitioners have been appointed. What is the average time that one could expect to receive a mortgage offer from Nationwide?
There is no definitive answer here. Have Nationwide done the valuation? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
It has been 2 months since my purchase conveyancing in Grappenhall took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Grappenhall prior to retaining solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some banks may refuse to issue a loan on such a premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Grappenhall. Conveyancing will be smoother if you use a solicitor in Grappenhall especially if they are accustomed to such properties in Grappenhall.
I need to retain a conveyancing solicitor for remortgage conveyancing in Grappenhall. I have land on a web site which seems to have the perfect solution If it is possible to get all this stuff done via email that would be preferable. Do I need to 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?