The owners have very pushy vendors who has suggested a preliminary agreement with a payment of 5k. Is it wise to enter into such agreements?
This type of preliminary agreement isn't common in Faversham, conveyancers will often sway clients away from them as they detract from focusing on the primary objective, namely conveyancing and if you end up losing your deposit then the lawyer is left exposed. Furthermore, there is no guarantee that just because the owner has executed a lock out contract they will complete the sale with you. They may be in contravention of the contract if they receive a big enough offer to do so because an aggrieved party with the benefit of a exclusivitycontract will still have to show losses as a consequence of the breach and these may not compare to the financial benefit that your vendor may secure by breaking the contract, no matter how morally unworthy that may be.
Can your site be used to locate a Conveyancing solicitor in Faversham even where I’m not purchasing or selling a house, for instance if I want to acquire an office in Faversham with a mortgage from Barnsley Building Society?
Our comparison service is primarily there to locate residential conveyancing solicitors in Faversham but we have set out at the bottom of this page some Faversham commercial conveyancing firms. You will need to enquire with the company directly to check if they are also authorised to represent Barnsley Building Society
We are planning to purchase with Darlington Building Society. We have called around locally but cant to find a Faversham conveyancing firm on the Darlington Building Society panel. Please you assist?
You should make use of the find a lender approved solicitor tool on this site. Please choose the lender and type Faversham or your preferred area and you will see a number of lawyer offices in Faversham or by proximity to you.
Just acquired a detached house in Faversham , how long will it take for the Land Registry to register my title? My Faversham conveyancing solicitor has been painfully slow, so I want to check that my purchase is recorded.
As far as conveyancing in Faversham registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can differ according to who lodges the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. Currently in the region of 80% of submission are completed within two weeks but some can be subject to extensive hold-ups. Registration occurs once the purchaser is living at the property so 'speed' is not always top priority but if there is a degree of urgency associated with the registration then you or your solicitor can speak with the land registry and explain the circumstances.
I've found a house that appears to be perfect, at a great figure which is making it more attractive. I have just discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Faversham. Conveyancing solicitors have are soon to be appointed. Will they explain the issues?
Most houses in Faversham are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Faversham in which case you should be shopping around for a Faversham conveyancing practitioner and check that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the estate where the house is located on an estate. Your conveyancer will report to you on the legal implications.