The owners have very brash sellers who has suggested a exclusivity agreement with a non-refundable deposit two thousand pounds. Is it wise to enter into such agreements?
Exclusivity agreements are agreements binding a home vendor and prospective acquirer granting the buyer a ‘clear field’ to purchase the premises within a prescribed time frame. Essentially, an exclusivity agreement is a contract stating that you will receive a contract at a later time being the main conveyancing contract. It is generally utilised for buyer confidence though in some cases, the proprietor may stand to benefit from such agreements as well. There are numerous positives and negatives to using them but you need to check with your solicitor but beware that it may end up incurring extra in conveyancing charges. In light of this these agreements are unusual in relation to conveyancing in Tenby.
Are the Tenby conveyancing solicitors identified as being on the Coventry BS conveyancing panel, together with their details provided by Coventry BS?
Tenby conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
We hope to to purchase with Loughborough BS. We have called around locally yet am unable to find a Tenby conveyancing firm on the Loughborough BS approved list. Please you assist?
Please do make the most of the search tool on this page. Please choose the building society and type Tenby or your location and you will be presented with numerous solicitors based in Tenby or nearest you.
Do commercial conveyancing searches disclose planned roadworks that may affect a commercial estate in Tenby?
Many commercial conveyancing solicitors in Tenby will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Tenby. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Tenby.
For each commercial conveyancing transaction in Tenby it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Tenby commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Tenby.
I have been recommended by a few property agents in Tenby to select a property lawyer using your seach tool. Is there a financial upside for Estate Agents to market your services rather than alternative conveyancing organisations?
We don’t make any referral fee for directing people in our direction. We thought it would be too underhand a fee as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I have recently realised that I have Sixty One years unexpired on my flat in Tenby. I am keen to extend my lease but my landlord is absent. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to prove that you have done all that could be expected to find the landlord. For most situations an enquiry agent would be helpful to conduct investigations and to produce a report to be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s absence and the application to the County Court overseeing Tenby.
I purchased a basement flat in Tenby, conveyancing formalities finalised in 1999. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Tenby with over 90 years remaining are worth £195,000. The ground rent is £45 per annum. The lease expires on 21st October 2088
With 63 years left to run we estimate the price of your lease extension to be between £16,200 and £18,600 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.