Recently been in touch with my conveyancing solicitor in Hawkshead who acted for me two years ago asking for a conveyancing quote based on the same type of house sale & purchase (a leasehold residence and a freehold property) of similar values with a loan from Nottingham Building Society. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative conveyancer?
The costs illustration is slightly on the steep side. If you are willing to spend time comparing charges you could shave off some of the expense by say £100 plus VAT. On the other hand, if you were content with the conveyancing the firm gave you maycome to regret choosing an a cheaper conveyancer. Remember to be sure the conveyancer can represent Nottingham Building Society. You can make use of our search tool to find a Hawkshead conveyancing firm on the Nottingham Building Society conveyancing panel, which can often include conveyancing solicitors in Hawkshead.
The owners have very brash vendors who has insisted on a exclusivity agreement with a down payment 10k. Are such agreements sensible?
There are two main concerns with executing a lock out agreement (also termed an exclusivity agreement) is that it can distract from making progress with the conveyancing transaction itself, so unless it requires little or no negotiation then it could turn out to be unhelpful. It is not particularly popular by Hawkshead conveyancing solicitors for this reason. A supplemental issue is the extent of the remedies available - a jilted buyer is very unlikely to be granted injunctive relief to prohibit the vendor selling to an alternative purchaser, so the only remedy available under the contract will be the recovery of abortive charges and, in rare situations, the additional payment of damages.
I need some fast conveyancing in Hawkshead as I am faced with pressure to complete in less than one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Hawkshead the following are examples of what can arise and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
How does conveyancing in Hawkshead differ for newly converted properties?
Most buyers of new build property in Hawkshead come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is completed. This is because new home sellers in Hawkshead tend to acquire the site, 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 property lawyers 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 Hawkshead or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Hawkshead is where the house is located. Can you shed any light on this issue?
Flying freeholds in Hawkshead are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hawkshead you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hawkshead may decide 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 residence.
I was pointed in your direction by a few selling agents in Hawkshead to locate a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your services rather than another?
We don’t make any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.