We have very brash vendors who has insisted on a exclusivity agreement with a non-refundable deposit two thousand pounds. Are such agreements sensible?

This form of arrangement is not the norm in Maidenhead, 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. In addition, there is no assurance that just because the seller has executed an exclusivity contract they will sell to you. They may breach the agreement if they receive a large enough financial inducement to do so because a wronged buyer with the benefit of a lockoutcontract will still be duty bound to show losses as a consequence of the breach and these may not amount to the extra amount that your seller may obtain by reneging on the contract, however morally reprehensible the behaviour is.

2 months have gone by following my purchase conveyancing in Maidenhead concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Maidenhead differ for newly converted properties?

Most buyers of new build or newly converted property in Maidenhead contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Maidenhead tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Maidenhead or who has acted in the same development.

Over the last few months I have been searching for a ground for flat up to £235,500 and found one round the corner in Maidenhead I like with a park and railway links nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Maidenhead suitable, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you need a home loan that many years will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.

If instructed can a conveyancer remove a person from the title of my property in Maidenhead ?

Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a