We have rather pushy sellers who has insisted on a lock out agreement with a down payment 6,000. Are such agreements sensible?
There are a couple of main concerns with entering into any lock out agreement (also referred to as a no-shop agreement) is that it takes away the focus from making progress with the conveyancing transaction itself, so in the absence of it needing limited or no negotiation then it could turn out to be a hindrance. It is not strongly advocated by Kidderminster conveyancing practitioners as a result. The other main concern is the extent of the remedies available - a jilted buyer is not likely to be granted an injunctive ruling by a court to bar the seller disposing of the property to a third party, so the only remedy available under the agreement will be the reimbursement of wasted charges and, in limited scenarios, the additional payment of penalties.
We are looking to buy a property and need a conveyancing solicitor in Kidderminster who is on the Coventry BS approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Kidderminster.
We are buying a house and the conveyancer has referenced Chancel Repair for which the house may be obligated to pay given it’s proximity to the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Kidderminster
Unless a previous purchase of the house took place after 12 October 2013 you can take it that lawyers delivering conveyancing in Kidderminster to continue to advocate a chancel search and or insurance against a claim.
I have justbecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Kidderminster for a purchase of a freehold house 10 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest way to see if the premises is in your name, you can carry out 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 Kidderminster conveyancing specialists.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Kidderminster is where the house is located. Can you offer any guidance?
Flying freeholds in Kidderminster are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Kidderminster you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kidderminster may ascertain 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 have been sourcing a conveyancing lawyer in Kidderminster for my home move. Is there any facility to see a solicitor's record with the profession’s regulator?
Members of the public may find presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. To find information Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA could monitor call for training requirements.