The vendors of the home we are looking to purchase have appointed a conveyancing practitioner in Splott who has insisted on a exclusivity agreement with a down payment of 5k. Are such contracts appropriate for Splott conveyancing transactions?
This kind of contract is not the norm in Splott, conveyancers will often sway clients away from them as they divert attention from the main conveyancing focus and if you end up losing your deposit then the lawyer is left exposed. In addition, there is no certainty that just because the owner has signed a lock out contract they will complete the sale with you. They may be inclined to break the contract if they receive a large enough 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 equalise the extra amount that the owner may gain by breaching the agreement, however morally condemnable that may be.
Can your site be used to recommend a Conveyancing solicitor in Splott even where I’m not purchasing or disposing of a house, for example if I intend to acquire an office in Splott with a mortgage from Platform Home Loans Ltd?
Our search tool is primarily used to find residential conveyancing solicitors in Splott but we have recorded towards the bottom of this page some Splott commercial conveyancing firms. You will need to enquire with the company directly to see if they are also authorised to represent Platform Home Loans Ltd
My flat in Splott is up for sale and I have accepted an offer. Does the solicitor have to be required to be on the Barclays conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Barclays conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently in recent years.
Can you point me to a directory of Lloyds panel conveyancers in Splott on the Council of Mortgage Lender’s Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings available on the web. If you are seeking to appoint a Splott solicitor on the Lloyds please make the most of our facility.
Is it the case that all Splott solicitors on the Skipton conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Skipton conveyancing panel they would need to be regulated by the SRA. Some mortgage companies do permit licenced conveyancers on their panel and in that case the practice would be regulated by the Council of Licensed Conveyancers.
Aldermore have agreed my home loan in principle, my bid on a property in Splott has been accepted, now what?
The estate agent will wish to be advised as to your solicitor's details (ensure that the conveyancing practitioners are on the bank’s panel). Contact Aldermore or the financial adviser and complete any appropriate documentation. Aldermore will appoint a valuer who will get in contact with the selling agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes on average a week to get a mortgage offer. Aldermore will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Splott.
Me and my brother purchased a 4 bedroom Victorian property in Splott. Conveyancing solicitor acted for me and Barclays . I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Splott and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing practitioner who conducted the conveyancing.
Finally our conveyancing in Splott completes next Friday, but the sellers I am purchasing from has asked to vacate the next day at at 2pm. Can I agree to such a idea?
You can't complete on a Saturday due to the bank systems are not operating.