The owners of the house we are purchasing have appointed a conveyancing solicitor in Plasmarl who has suggested a exclusivity contract with a down payment 10k. Are such agreements sensible?
There are a couple of main drawbacks with entering into any lock out contract (occasionally known as a no-shop agreement) is that it diverts attention away from making progress with the conveyancing transaction itself, so in the absence of it needing minimal or no negotiation then it may turn out to be a hindrance. It is not promoted amongst Plasmarl conveyancing practitioners for this reason. The other main concern is the extent of the remedies available - a jilted purchaser should not expect to win injunctive relief to bar the vendor disposing of the property to an alternative purchaser, so the only remedy open via the agreement will be the recovery of abortive costs and, in rare situations, the extra payment of penalties.
I am buying a property and need a conveyancing solicitor in Plasmarl who is on the Yorkshire Building Society approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Yorkshire Building Society in certain locations such as Plasmarl. We dont recommend any particular firm.
I am buying a house and the solicitor has identified Chancel Repair for which the property could be obligated to contribute to because it falls into the area of such a church. He has recommended insurance. Is this strictly necessary for conveyancing in Plasmarl
Unless a previous acquisition of the premises completed after 12 October 2013 you can assume that lawyers carrying out conveyancing in Plasmarl to continue to advocate a chancel search and or insurance against a claim.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Plasmarl is where the house is located. Can you offer any advice?
Flying freeholds in Plasmarl are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Plasmarl you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Plasmarl may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am buying a property and require a conveyancing solicitor in Plasmarl who is on the bank solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who carry out conveyancing in Plasmarl. We dont recommend any particular solicitor.