We have rather pushy sellers who has suggested a lock out agreement with a non-refundable deposit of 5k. Are such agreements recommended for Almondsbury conveyancing transactions?
Lock out agreements are contracts binding a home vendor and prospective buyer granting the buyer exclusive rights to purchase the premises within a prescribed time frame. Essentially, an exclusivity agreement is a contract specifying that you should have a contract at a later date which is the main conveyancing contract. It is generally utilised for buyer confidence though in some cases, the vendor may stand to benefit from such agreements as well. There are many positives and negatives to having an agreement but you need to check with your lawyer but beware that it may result in costing you more in conveyancing fees. In light of this these agreements are not popular in relation to conveyancing in Almondsbury.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who handled the conveyancing in Almondsbury 10 years ago have long since closed. What are my options?
You no longer need to have the physical deeds to prove you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
Due to the advice of my in-laws I had a survey completed on a property in Almondsbury prior to retaining solicitors. I have been advised that there is a flying freehold element to the property. My surveyor advised that some banks tend refuse to grant a loan on such a property.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Almondsbury. Conveyancing will be smoother if you use a solicitor in Almondsbury especially if they are accustomed to such properties in Almondsbury.
Given that I am about to part with over three hundred thousand on a two bedroom apartment in Almondsbury I wish to talk to a lawyer about myconveyancing before instructing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the conveyancer who will be carrying out your conveyancing in Almondsbury.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter reference. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Almondsbury should be the figure that you are charged.
Is it best to go with a Almondsbury conveyancing solicitor who is local to the property I am buying? We have a good friend who can conduct the legal work but they are based 400kilometers drive away.
The benefit of a local Almondsbury conveyancing practice is that you can pop in to execute documents, present your ID and apply pressure on them where appropriate. Having local Almondsbury know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and the majority were content that must trump using an unfamiliar Almondsbury conveyancing lawyer solely due to them being round the corner.