We have rather pushy sellers who has suggested a preliminary contract with a deposit two thousand pounds. Is it wise to enter into such agreements?
There are two primary concerns with signing a lock out agreement (also referred to as a shut-out contract) is that it diverts attention away from progressing with the conveyancing process, so in the absence of it needing limited or no negotiation then it may transpire to be a hindrance. It is not particularly popular amongst Wokingham conveyancing solicitors as a result. The other main negative is the extent of the remedies available - an aggrieved buyer is not likely to win an injunctive ruling by a court to bar the owner selling to another buyer, so the only remedy available under the contract will be the reimbursement of wasted charges and, in restricted situations, the extra payment of penalties.
Can I use your services to recommend a Conveyancing solicitor in Wokingham even where I’m not purchasing or selling a house, for instance where I want to buy a shop in Wokingham with a mortgage from TSB?
The service is primarily utilised to locate residential conveyancing solicitors in Wokingham but we have listed at the end of this page a few Wokingham commercial conveyancing firms. You will need to make contact with the firm directly to see if they can also act for TSB
I used Action Conveyancing a few years ago for my conveyancing in Wokingham. I now require my papers but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate 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 Wokingham of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Wokingham differ for new build properties?
Most buyers of new build residence in Wokingham approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Wokingham usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Wokingham or who has acted in the same development.
Hoping to buy a property located in Wokingham and I am already nervous. I couldn't find anything specific about Wokingham. Conveyancing will be needed in due course but do you know about the Wokingham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Wokingham. In the meantime here are some basic statistics that we found
I need to find a conveyancing solicitor for remortgage conveyancing in Wokingham. I have land on a web site which seems to have the perfect solution If it is possible to get all formalities done via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?