The sellers of the home we are purchasing are using a conveyancing firm in Barlaston who has recommended a preliminary contract with a non-refundable deposit 6,000. Is it wise to enter into such agreements?

Exclusivity contracts are agreements between a home vendor and prospective buyer granting the buyer a ‘clear field’ to the sale of the premises for a limited period of time. For all intents and purposes, an exclusivity agreement is a contract specifying that you should receive a contract at a later time which is the contract for the actual sale. It tends to be utilised for buyer protection though in some cases, the seller may enjoy an upside from such agreements as well. There are numerous pros and cons to using them but you should to check with your conveyancer but beware that it may end up incurring more in conveyancing fees. For these reasons these agreements are unusual in relation to conveyancing in Barlaston.

Why do I have to pay up front for my conveyancing in Barlaston?

If you are buying a property in Barlaston your lawyer will ask you place them with funds to cover the search fees. Ordinarily this is needed to cover the fees of the Local Authority Search. When the down payment is payable against the sale price then this will be asked for shortly ahead of contracts are exchanged. Any further balance that is needed should be transferred shortly before completion.

Will commercial conveyancing searches disclose impending roadworks that may impact a commercial site in Barlaston?

Many commercial conveyancing solicitors in Barlaston will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Barlaston. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Barlaston.

For every commercial conveyancing transaction in Barlaston it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Barlaston commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Barlaston.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a simple, no chain conveyancing. Barlaston is the location of the property. Can you offer any guidance?

Flying freeholds in Barlaston are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Barlaston you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Barlaston may decide 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 residence.

Frank (my husband) and I may need to let out our Barlaston garden flat temporarily due to a new job. We instructed a Barlaston conveyancing practice in 2003 but they have closed and we did not have the foresight to seek any guidance as to whether the lease permits subletting. How do we find out?

Some leases for properties in Barlaston do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.

Leasehold Conveyancing in Barlaston - Sample of Questions you should consider before Purchasing

Best to be warned if changing the roof or some other significant cost is coming up that will be shared by the leaseholders and will materially increase the the service fees or necessitate a specific invoice. Please inform me if there are any major works in the near future that will likely increase the service costs? Generally speaking the outlay for major works are not built into the maintenance charges, albeit that there some managing agents in Barlaston require leaseholders to pay into a reserve fund and this is used to offset against major works.