We have rather assertive sellers who has suggested a lock out agreement with a payment 10k. Is it wise to enter into such agreements?
There are a couple of primary concerns with signing a lock out contract (occasionally known as a shut-out contract) is that it diverts attention away from progressing with the conveyancing work, so unless it requires little or no negotiation then it could turn out to be a hindrance. It is not particularly popular amongst Mayfield conveyancing solicitors as a result. A supplemental issue is the extent of the remedies available - an aggrieved buyer should not expect to obtain an injunctive ruling by a court to prohibit the seller completing the sale to a third party, so the only remedy open via the agreement will be the recovery of abortive charges and, in rare situations, the extra payment of penalties.
It is is a decade since I acquired my house in Mayfield. Conveyancing solicitors have just been retained on the sale but I am unable to locate the deeds. Is this a major issue?
Don’t worry too much. First there is a possibility that the deeds will be kept by the lender or they could stored with the lawyers who handled the purchase. Secondly in all probability 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 solicitors procuring up to date copy of the land registers. Nearly all conveyancing in Mayfield relates to registered property but in the rare situation where your home is not registered it adds to the complexity but is resolvable.
Should our solicitor be raising enquiries concerning flooding during the conveyancing in Mayfield.
The risk of flooding is if increasing concern for lawyers dealing with homes in Mayfield. Plenty of people will acquire a house in Mayfield, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to impart advice on flood risk, but there are a numerous checks that may be undertaken by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Mayfield. The standard information given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a standard inquiry of the vendor to determine if the premises has suffered from flooding. If flooding has previously occurred which is not revealed by the vendor, then a purchaser may issue a claim for damages as a result of such an misleading response. A purchaser’s conveyancers may also order an enviro search. This should higlight if there is any known flood risk. If so, further inquiries should be conducted.
I used Stirling Law a few years past for my conveyancing in Mayfield. Now, I need my files but the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Mayfield of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How do I search for a Mayfield solicitor on the The Royal Bank of Scotland conveyancing panel? I have a car and am willing to travel upto 25miles to meet the lawyer.
Feel free to make use of the facility on this page. Please choose the bank and your location and you will see a number of Mayfield conveyancing lawyers locally. We have listed some Mayfield conveyancing firms towards the end of this page and you can ring them to check whether they are on the The Royal Bank of Scotland member panel
In my capacity as executor for the will of my aunt I am selling a house in Cardiff but live in Mayfield. My lawyer (who is 300 miles awayneeds me to sign a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Mayfield who can attest this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Mayfield based