We have very pushy sellers who has recommended a preliminary contract with a non-refundable deposit 6,000. Are such contracts recommended for Mevagissey conveyancing transactions?
There are a couple of primary downsides with executing a lock out contract (also termed an exclusivity agreement) is that it can distract from moving forward with the conveyancing work, so unless it requires limited or no negotiation then it could transpire to be a hindrance. It is not particularly popular amongst Mevagissey conveyancing lawyers for this reason. The other main issue is the extent of the remedies available - an aggrieved purchaser is not likely to be issued with an injunctive ruling by a court to prohibit the owner selling to an alternative purchaser, so the only remedy available under the contract will be the recovery of wasted charges and, in limited scenarios, the additional payment of damages.
I own a freehold property in Mevagissey yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Mevagissey and has limited impact for conveyancing in Mevagissey but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
Are the BSA intent on creating a search tool with a view to list practices on the Norwich and Peterborough Building Society conveyancing panel for example in Mevagissey?
We are not aware of any plans on the part of the BSA to develop such a tool.
My wife and I are downsizing from our property in Mevagissey and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Mevagissey. Having lived in Mevagissey for 5 years we know that this is a non issue. Should we contact our local Authority to get clarification need.
It would appear that you have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I have justdiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Mevagissey for a purchase of a freehold house 12 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The quickest method to see if the premises is registered to you, 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 Mevagissey conveyancing specialists.
I need to appoint a conveyancing solicitor for sale conveyancing in Mevagissey. I have discover a web site which looks to be the ideal solution If it is possible to get all this stuff completed via phone 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?