We have rather brash sellers who has recommended a lock out contract with a non-refundable deposit 10k. Is it wise to enter into such agreements?
This kind of contract is unusual in Sandiacre, conveyancers are often found to direct clients away from them as they detract from the primary focus, namely conveyancing and if you end up losing your deposit then the lawyer at best left with an upset client and at worst a litigious one. Secondly, there is no certainty that just because the seller has entered into a lock out agreement they will complete the sale with you. They may be motivated to break the contract if they receive a large enough financial inducement to do so because an aggrieved party with the benefit of a exclusivity agreement will still be obliged show losses as a consequence of the breach and these may not compare to the extra amount that your seller may obtain by reneging on the agreement, however morally unworthy it undoubtedly is.
Finally the sale completed on my house in Sandiacre last November yet the purchaser is telephoning me complaining that his conveyancer is waiting to hear from mine. What are the post completion sale legalities following completion?
Post completion of your disposal your solicitor should send the transfer deeds and all additional paperwork to the purchaser's solicitors. If applicable, your conveyancer should also evidence that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion steps unique to conveyancing in Sandiacre.
Are the BSA intent on creating a online directory to list law firms on the Darlington Building Society conveyancing panel for example in Sandiacre?
We have not been informed any intention on the part of the BSA to promote such a search facility.
My wife and I purchasing a victorian detached house in Sandiacre. Our aim is to carry out an extension to the side at the property.Will the conveyancing process include checks to ascertain if these alterations were previously refused?
Your solicitor will check the deeds as conveyancing in Sandiacre can sometimes reveal restrictions in the title documents which prevent certain changes or need the consent of a 3rd party. Certain additions require local authority planning consent and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
When it comes to lenders such as Virgin Money, do Sandiacre conveyancing practitioners face an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Can I be sure that the Sandiacre conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Sandiacre seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor conducting your conveyancing.
In my capacity as executor for the estate of my grandfather I am disposing of a property in Newport but live in Sandiacre. My conveyancer (approximately 200 kilometers awayrequires that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Sandiacre who can attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are Sandiacre based