The sellers of the property we are looking to purchase have appointed a conveyancing practitioner in Meir who has recommended a preliminary agreement with a down payment two thousand pounds. Are such arrangements recommended for Meir conveyancing transactions?
This type of preliminary agreement is unusual in Meir, conveyancers are often inclined to veer clients away from them as they detract from focusing on the primary objective, namely conveyancing and if you end up having your deposit forfeited then the solicitor is left exposed. Furthermore, there is no assurance that just because the owner has executed an exclusivity contract they will sell to you. They may be inclined to break the agreement if they are offered sufficient incentive to do so because a wronged buyer with the benefit of a exclusivity agreement will still be duty bound to establish consequential losses from the breach and these may not compare to the financial upside that your vendor may gain by breaching the agreement, no matter how morally reprehensible that may be.
Is it necessary to take out insurance to address the risk of chancel repairs when acquiring a property in Meir?
Unless a previous purchase of the premises took place post 12 October 2013 you could assume that solicitors carrying out conveyancing in Meir to continue to advocate a chancel search and or chancel repair liability insurance.
I used Action Conveyancing several years ago for my conveyancing in Meir. Now, I need the files but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Meir of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Meir is the location of the property. Can you offer any advice?
Flying freeholds in Meir are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Meir you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Meir 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 property.
Do I need to be wary about brokers that I am dealing with are encouraging me to use a national conveyancing firm rather than a local Meir conveyancing practice?
As with many professional services, often referrals from connections can be extremely useful or valuable. Yet there are many players in a conveyancing matter; estate agents, financial adviser and lenders may put forward lawyers to appoint. On occasion the conveyancers might be known to one of the organisations as being good in their field, but sometimes there exists a financial incentive behind the recommendation. You have the right to choose your preferred lawyer. However, bear in mind that some banks have an approved list of lawyers you must use for the mortgage aspect of your transaction.