The owners of the house we are purchasing are using a conveyancing solicitor in Swaffham who has suggested a exclusivity agreement with a non-refundable deposit of 5k. Are such arrangements generally advanced for Swaffham conveyancing transactions?
This form of contract is unusual in Swaffham, conveyancers are not keen on them as they detract from the primary objective, namely conveyancing and if you end up losing your deposit then the lawyer is left exposed. Furthermore, there is no certainty that just because the seller has signed an exclusivity agreement they will sell to you. They may be inclined to break the contract if they are offered a large enough incentive to do so because an aggrieved party with the benefit of a exclusivitycontract will still be obliged establish consequential losses from the breach and these may not equalise the extra amount that your vendor may obtain by reneging on the contract, however morally unworthy it undoubtedly is.
We see that you have a post code search directory identifying law firms on the Nationwide conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Swaffham?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Swaffham.
The deeds to my house can not be found. The lawyers who handled the conveyancing in Swaffham 5 years ago no longer exist. Will I be able to sell the house?
Nowadays there are copies made of almost everything, and your conveyancer should be aware exactly where to look for all the relevant documentation so you can buy or dispose of your house without a hitch. If copies are not available, your lawyer may be able to put in place insurance or indemnities against possible claims on the premises.
About to purchase a new build flat in Swaffham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Swaffham
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I was advised by a few selling agents in Swaffham to get a quote from a property lawyer using your seach tool. Is there a financial upside for Estate Agents to recommend your services ahead of another?
We refuse to offer any commission for directing people our way. We found it would be just too difficult to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
There are numerous properties in Swaffham on private lanes. We are acquiring such a house. What would be the pros and cons of purchasing a residence on a private road?
Swaffham conveyancing lawyers will be familiar with transacting houseson private. Your property lawyer should review the title to identify any rights or responsibilities. In many cases there is a management company (wholly owned by residents) that residents make annual payments for the upkeep of the road. Where there is one, the road will likely be maintained and appear better than council adopted.