The owners have rather pushy vendors who has recommended a preliminary contract with a deposit of 5k. Are such agreements sensible?
There are a couple of main downsides with entering into any lock out contract (sometimes termed an exclusivity agreement) is that it can distract from progressing with the conveyancing process, so in the absence of it needing minimal or no negotiation then it may turn out to be unhelpful. It is not promoted by Broadclyst conveyancing solicitors for this reason. A supplemental negative is the extent of the remedies available - an aggrieved buyer should not expect to win an injunctive ruling by a court to prohibit the vendor selling to a third party, so the only remedy open via the contract will be the reimbursement of abortive costs and, in rare circumstances, the extra payment of penalties.
Do I have to attend the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Broadclyst so that I can attend their offices when needed.
Most approved lawyers for mortgage companies undertake all of the communications through the post, internet or over the phone. This means that they can undertake the legal work for your home move no matter where you live in England or Wales. That being said you should see if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
I am looking for a flat up to £305k and identified one round the corner in Broadclyst I like with open areas and railway links nearby, the downside is that it only has 49 years on the lease. There is not much else in Broadclyst suitable, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the shortness of the lease will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Broadclyst?
At this site receive an accurate costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Broadclyst. As opposed to estate agents and many comparison sites we do not charge firms a fee if you instruct them for your conveyancing in Broadclyst
Been searching for a property lawyer for leasehold sale conveyancing in Broadclyst. I'm selling, uncomplicated no mortgage to redeem, no rush, no onward purchase. Had an estimate from a property lawyer for £800 including VAT which is a little high considering its so straightforward. Can I pay less for conveyancing in Broadclyst?
As it’s a sale only, 475 + VAT would be about the cheapest for a Broadclyst solicitor firm.