The owners of the home we are purchasing hired a conveyancing firm in Mudeford who has suggested a preliminary contract with a deposit of 5k. Are such arrangements appropriate for Mudeford conveyancing transactions?
Lock out agreements are agreements binding a home seller and purchaser granting the buyer a ‘clear field’ to purchase the property for a certain period of time. For all intents and purposes, an exclusivity is a document stating that you will be issued with a contract at a later date being the contract for the actual sale. It tends to be utilised for buyer assurance though in some cases, the vendor may stand to benefit from such agreements as well. There are many positives and negatives to using them but you need to check with your lawyer but note that it may result in incurring more in conveyancing fees. In light of this these agreements are avoided in relation to conveyancing in Mudeford.
At what point does exchange of contracts happen for sale conveyancing in Mudeford and am I required to be at the solicitors branch?
If you are in close proximity to one of the conveyancing solicitors in Mudeford you are invited in to sign contracts. That being said, the firms we work with provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the firm to address the formalities when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Mudeford)to be in the office at the appropriate time.
I am helping my step-mother sell her flat in Mudeford. Will the solicitor commission an EPC or it is for me to coordinate?
After the demise of Home Information Packs, energy assessments was maintained a mandatory component of moving house. An EPC needs to be to hand prior to the property being marketed. It is not as aspect of the sale process that law firms ordinarily arrange. Where you are instructing a Mudeford conveyancing lawyer they may be willing to arrange energy assessments given their relationships with reputable local accredited person
We are getting a further advance on our home loan from Skipton as we intend to conduct alterations to our property in Mudeford. Do we need to choose a high street Mudeford solicitor on the Skipton conveyancing panel to deal with the legals?
Skipton would not normally appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton list.
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Mudeford solicitor - who is on the RBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Mudeford postcode. As you are getting a mortgage with RBS, you could contact them to see if they have a list of approved surveyors in Mudeford.
We're new on the property ladder - agreed a price, but the estate agent advised that the vendor will only proceed if we appoint their recommended solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a family conveyancer with experience of conveyancing in Mudeford
We suspect that the seller is not behind this requirement. Should the vendor want ‘a quick sale', taking such a hostile approach to a motivated purchaser is counter productive. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you intend to use your preferred Mudeford conveyancing solicitors - rather thanthe ones that will provide their negotiator at the agency a introducer fee or hit his conveyancing thresholds demanded by head office.
My work colleague mentioned that before selecting a conveyancing lawyer they need approved by your lender. This is my first house move but I have an offer in principle from Halifax and I already have a bricks and morter conveyancing solicitor in Mudeford at the ready. Can HSBC need an approved conveyancer to be used? Does a directory of approved solicitors even exist for my conveyancing in Mudeford?
You need to choose a solicitor that is on the HSBC panel. Just ring your preferred Mudeford conveyancing lawyer to check if they are on the HSBC panel. If they are not approved you have a number of choices available to you here:
- Complete the purchase with your existing Mudeford conveyancer but HSBC will undoubtedly retain a conveyancing practitioner on their approved list. This will result in additional cost and potential interruption.
- Appoint a new property lawyer to act in the purchase, ensuring that they are on the HSBC conveyancing panel.
- Convince your lawyer to pull out all the stops to get accepted on the HSBC conveyancing panel.