We have very assertive sellers who has insisted on a lock out contract with a non-refundable deposit 6,000. Are such agreements appropriate for Weston super Mare conveyancing transactions?
Lock out agreements are contracts binding a property seller and prospective acquirer granting the buyer the sole right to the sale of the property for a limited period of time. Essentially, a lock out agreement is a contract stating that you will be issued with a contract at a later time being the main conveyancing contract. It is generally used for buyer assurance though in many situations, the owner may stand to benefit from such agreements as well. There are various pros and cons to having an agreement but you need to check with your conveyancer but beware that it may end up costing you extra in conveyancing fees. For these reasons these contracts are unusual when it comes to conveyancing in Weston super Mare.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Weston super Mare. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/6/2026, the requirements read as follows :
About to purchase a new build flat in Weston super Mare. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Weston super Mare
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Due to the guidance of my in-laws I had a survey completed on a property in Weston super Mare prior to instructing solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies may refuse to grant a loan on such a premises.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you e-mail us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Weston super Mare. Conveyancing may be slightly more expensive based on your lender's requirements.
I am attracted to a two flats in Weston super Mare which have in the region of fifty years remaining on the leases. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease shortens the value of the lease deteriorates and it becomes more costly to acquire a lease extension. For this reason it is advisable to increase the term of the lease. It is often difficulties arise selling premises with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field.
I inherited a garden flat in Weston super Mare, conveyancing was carried out in 1995. Can you work out an approximate cost of a lease extension? Equivalent properties in Weston super Mare with over 90 years remaining are worth £185,000. The ground rent is £65 per annum. The lease expires on 21st October 2086
You have 60 years unexpired we estimate the premium for your lease extension to be between £20,000 and £23,000 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
Finally, a mortgage offer from a lender for the refinancing of my 2 bedroom garden flat is coming within the next few days. Are you able to suggest an efficient remortgage conveyancing lawyer in Weston super Mare ?
You are on the wrong site if you are in need of the lowest fares for conveyancing in Weston super Mare. Our aim is to provide value for money conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint brokers offering £99 conveyancing in Weston super Mare.At best, in going for cheap conveyancing, you will get what you pay for and at worst you will end up invoiced for additional fee and still not receive the service expected.