The sellers of the home we are hoping to buy have appointed a conveyancing solicitor in Lickey End who has insisted on a exclusivity agreement with a payment two thousand pounds. Are such contracts appropriate for Lickey End conveyancing transactions?
This type of arrangement isn't frequently used in Lickey End, conveyancers are not keen on them as they detract from the main conveyancing focus and if you end up having your deposit forfeited then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no assurance that just because the seller has entered into an exclusivity agreement they will complete the sale with you. They may be inclined to break the contract if they receive sufficient incentive to do so because a wronged buyer with the benefit of a lockout agreement will still have to show losses as a consequence of the breach and these may not amount to the extra amount that your seller may obtain by breaking the agreement, however morally condemnable the behaviour is.
We are buying a flat and need a conveyancing solicitor in Lickey End who is on the Clydesdale conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Clydesdale . We don't recommend any particular firms conducting conveyancing in Lickey End.
How does conveyancing in Lickey End differ for newly converted properties?
Most buyers of new build premises in Lickey End contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is completed. This is because developers in Lickey End usually buy 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 conveyancers 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 Lickey End or who has acted in the same development.
As co-executor for the will of my grandmother I am selling a residence in Newport but I am based in Lickey End. My conveyancer (approximately 235 miles from mehas requested that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Lickey End who can attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are Lickey End based
My wife and I purchased a leasehold flat in Lickey End. Conveyancing and Nationwide Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Lickey End who previously acted has now retired. What should I do?
First contact HMLR to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Lickey End conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Lickey End Conveyancing for Leasehold Flats - Examples of Questions you should ask before Purchasing
-
How is the lease structured? The prefered form of lease arrangement is a share of the freehold. In this situation the leaseholders benefit from control and although a managing agent is frequently retained where the building is larger than a house conversion, the managing agent acts for the leaseholders themselves. What restrictions are contained in the Lickey End Lease?
My conveyancers in Lickey End have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with the lender. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the bank directly.