The owners of the home we are looking to purchase hired a conveyancing solicitor in Bellingham who has suggested a exclusivity agreement with a down payment 6,000. Is it wise to enter into such agreements?

Lock out agreements are agreements between a home vendor and prospective acquirer granting the buyer the sole right to the sale of the property within an agreed time frame. Essentially, a lock out is a document stating that you will be issued with a contract at a later date which is the main conveyancing contract. It tends to be used for buyer confidence though in many situations, the owner may enjoy an upside from such agreements as well. There are many pros and cons to having an agreement but you need to check with your solicitor but beware that it may end up costing you more in conveyancing fees. In light of this these agreements are not popular when it comes to conveyancing in Bellingham.

What does my ID and proof of funds have anything to do with my conveyancing in Bellingham? Why is this being asked of me?

You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Bellingham. Nowadays you will not be able to complete any conveyancing transaction if you have not handing over proof of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Please note that if you are supplying your driving licence as proof of identification it needs to be both the paper element and photo card part, one is not acceptable in the absence of the other.

Evidence of the source of funds is mandated in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancer must retain this information on record. Your Bellingham conveyancing lawyer will require evidence of proof of funds prior to accepting any money from you into their client account and they will also ask additional questions regarding the source of monies.

Over the last few months I have been searching for a ground for flat up to £195,000 and identified one near me in Bellingham I like with amenity areas and transport links nearby, however it's only got 52 years unexpired on the lease. There is not much else in Bellingham in this price bracket, so just wondered if I would be making a mistake buying a short lease?

If you need a mortgage the remaining unexpired lease term will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.

Given that I am about to spend over three hundred thousand on a property in Bellingham I would like to have a conversation with the solicitor about myconveyancing ahead of giving the go ahead to the firm. Is this something that you can arrange?

This is something that we encourage - we would be happy to talk to you we do not take any clients on without you liaising with the conveyancer who will be conducting your property ownership legalities in Bellingham.There is no ‘factory style conveyancing’ - every client is an important individual, not a case reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Bellingham should be the amount on the final invoice that you end up paying.

In my capacity as executor for the estate of my father I am selling a residence in Neath but reside in Bellingham. My lawyer (approximately 250 kilometers from meneeds me to sign a stat dec before completion. Could you suggest a conveyancing solicitor in Bellingham to attest and place their company stamp on the document?

strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Bellingham