The sellers of the home we are looking to purchase are using a conveyancing solicitor in Deeside who has insisted on a lock out contract with a deposit 10k. Are such agreements generally advanced for Deeside conveyancing transactions?
There are two main concerns with signing a lock out agreement (occasionally termed a no-shop agreement) is that it takes away the focus from moving forward with the conveyancing transaction itself, so unless it requires limited or no negotiation then it could turn out to be a hindrance. It is not particularly popular by Deeside conveyancing solicitors as a result. A supplemental negative is the extent of the remedies available - a jilted buyer is extremely unlikely to secure an injunction to prevent the seller completing the sale to a third party, so the only remedy available under the agreement will be the reimbursement of abortive costs and, in rare scenarios, the extra payment of penalties.
Can I use your services to find a Conveyancing solicitor in Deeside even if I’m not buying or selling a house, for instance if I want to buy an office in Deeside with a loan from HSBC Bank?
Our comparison service is predominantly there to locate domestic conveyancing solicitors in Deeside but we have set out towards the bottom of this page a few Deeside commercial conveyancing firms. You will need to make contact with the firm directly to see if they are also authorised to represent HSBC Bank
Is it the case that all Deeside CQS (Conveyancing Quality Scheme) solicitors are on the Skipton conveyancing list of approved firms?
It is true that some banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of firms.
We are getting a further advance on our home loan from HSBC as we want to carry out a loft conversion to our property in Deeside. Are we obliged to choose a bricks and mortar Deeside solicitor on the HSBC conveyancing panel to deal with the legals?
HSBC would not normally require firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC list.
I have today made my last payment due on my mortgage with UBS. I assume I don't need a Deeside conveyancer on the UBS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
Hoping to buy a property located in Deeside and I am already nervous. I couldn't find anything specific about Deeside. Conveyancing will be needed in due course but do you know about the Deeside area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Deeside. In the meantime here are some basic statistics that we found
I have just started marketing my 2 bed flat in Deeside. Conveyancing lawyers have not yet been instructed, but I have just received a yearly service charge demand – Do I pay up?
The sensible thing to do is pay the service charge as you normally would given that all rents and service payments should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Deeside - A selection of Questions you should ask Prior to buying
This information is important as a) areas may result in problems for the building as the common areas may begin to deteriorate if maintenance remain unpaid b) if the tenants have a dispute with the managing agents you will want to know about it Is there a share of the freehold? Most Deeside leasehold properties will have a service bill for maintenance of the block invoiced by the landlord. Where you buy the property you will have to pay this liability, usually in instalments throughout the year. This may differ from two or three hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a ground rent for you to pay annual, this is usually not a large sum, say around £25-£75 but you need to check as occasionally it can be many hundreds of pounds.