The owners have rather brash sellers who has recommended a preliminary contract with a payment 6,000. Is it wise to enter into such agreements?
This type of contract isn't frequently used in Farnham Royal, conveyancers are not keen on them as they detract from focusing on the primary objective, namely conveyancing and if you end up having your deposit forfeited then the lawyer at best left with an upset client and at worst a litigious one. Secondly, there is no certainty that just because the vendor has signed an exclusivity contract they will complete the sale with you. They may be tempted to break the contract if they receive a large enough offer to do so because an aggrieved buyer with the benefit of a exclusivitycontract will still have to establish consequential losses from the breach and this may not equalise the extra amount that your seller may secure by breaking the contract, however morally shameful it undoubtedly is.
Can your site be used to locate a Conveyancing solicitor in Farnham Royal even if I’m not buying or disposing of a house, for instance where I intend to buy a shop in Farnham Royal with a mortgage from National Westminster Bank?
Our comparison service is predominantly there to find residential conveyancing solicitors in Farnham Royal but we have set out at the bottom of this page some Farnham Royal commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they are also authorised to represent National Westminster Bank
What is the optimum way to find out if the solicitor conducting my conveyancing in Farnham Royal is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus paying £192.00 in further legal costs.
You should make use of the search tool on this site. Pick the lender and type ‘Farnham Royal’ or your location and you will see a number of lawyer located in Farnham Royal or near you.
Due to the advice of my in-laws I had a survey completed on a property in Farnham Royal ahead of instructing lawyers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies may refuse to give a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Farnham Royal. Conveyancing may be slightly more expensive based on your lender's requirements.
My uncle has encouraged me to instruct his conveyancing solicitors in Farnham Royal. Do I take his guidance?
No doubt it’s preferable to find a conveyancing solicitor is to seek feedback from friends or family who have used the conveyancer that you are contemplating using.