The vendors of the home we are purchasing have instructed a conveyancing solicitor in Birmingham and the Black Country who has insisted on a lock out contract with a payment 10k. Are such arrangements generally advanced for Birmingham and the Black Country conveyancing transactions?
Exclusivity contracts are contracts between a home vendor and purchaser granting the buyer exclusive rights 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 will have a contract at a later date being the contract for the actual sale. It is generally used for buyer assurance though in many situations, the seller may stand to benefit from such agreements as well. There are numerous positives and negatives to having them but you should to check with your conveyancer but beware that it may end up costing you more in conveyancing fees. In light of these reasons these agreements are avoided when it comes to conveyancing in Birmingham and the Black Country.
Is it necessary to take out insurance to address the risk of chancel repairs when purchasing a property in Birmingham and the Black Country?
Unless a prior purchase of the house completed after 12 October 2013 you may expect conveyancing practitioners delivering conveyancing in Birmingham and the Black Country to remain encouraging a chancel search and or insurance against a claim.
Due to the encouragement of my in-laws I had a survey completed on a property in Birmingham and the Black Country prior to instructing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may not issue a mortgage on such a property.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Birmingham and the Black Country. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Birmingham and the Black Country to see if the conveyancing costs will increase in light of this.
I need to retain a conveyancing solicitor for residential conveyancing in Birmingham and the Black Country. I have stumble upon a site which appears to be the ideal answer If it is possible to get all the legals completed via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am planning to sell a garage which is on a separate legal title with the land registry asking for 22k, to clear debts. There is a mortgage with Co-operative. Can you refer me to a cheapish lawyer as the conventional £600-£700 diminishes the return somewhat. Although I live in Birmingham and the Black Country I dont need to use a Birmingham and the Black Country property lawyer.
The purpose of this site is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Co-operative in certain areas such as Birmingham and the Black Country . We dont recommend any specific conveyancing practitioner.