I can't travel far from Taverham. Is there a reason why all Taverham property lawyers are not on all bank panels?
Even though it may seem unfair for banks to restrict who can represent them, from the public’s or lawyer’s standpoint, the other side of the coin is that lending institutions are becoming ever more anxious and regard it essential to shield themselves from illegal activities. As a result of this concern banks are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
The vendors of the property we are looking to purchase have appointed a conveyancing solicitor in Taverham who has insisted on a exclusivity contract with a non-refundable deposit 6,000. Are such agreements sensible?
There are a couple of main downsides with signing a lock out agreement (occasionally known as a shut-out contract) is that it can distract from making progress with the conveyancing process, so in the absence of it needing little or no negotiation then it could turn out to be a cause of frustration and delay. It is not strongly advocated by Taverham conveyancing practitioners as a result. A further negative is the extent of the remedies available - an aggrieved purchaser is not likely to be granted injunctive relief to stop the vendor selling to another buyer, so the only remedy open via the agreement will be the reimbursement of abortive costs and, in restricted situations, the additional payment of penalties.
I am buying a garden flat in Taverham. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Taverham you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Taverham.
I used Action Conveyancing several years past for my conveyancing in Taverham. I now require my papers however cannot find the solicitor. What do I do?
You should call 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 Taverham of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Taverham is where the house is located. Can you shed any light on this issue?
Flying freeholds in Taverham are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Taverham you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Taverham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am a sole trader wishing to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-move-no charges for non-domestic conveyancing in Taverham for less than 2k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Taverham, including the sale and purchase of businesses as well as simply property. If you are intending to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right firm. As for the charges this will depend on the structure and nuances of the deal. Let us have your contact information or email so as to enable us to provide you with comprehensive commercial conveyancing calculation.