The owners of the home we are purchasing have appointed a conveyancing practitioner in Pound Hill who has suggested a lock out agreement with a non-refundable deposit of 5k. Are such agreements recommended for Pound Hill conveyancing transactions?
There are two main drawbacks with executing a lock out agreement (also termed a no-shop agreement) is that it diverts attention away from progressing with the conveyancing process, so unless it requires limited or no negotiation then it may transpire to be a cause of frustration and delay. It is not promoted by Pound Hill conveyancing practitioners for this reason. A supplemental negative is the extent of the remedies available - an aggrieved buyer is extremely unlikely to be granted an injunction to prevent the vendor disposing of the property to an alternative purchaser, so the only remedy available under the agreement will be the recovery of abortive costs and, in limited circumstances, the additional payment of penalties.
Can your site be used to locate a Conveyancing solicitor in Pound Hill even where I’m not buying or disposing of a house, for instance if I intend to buy a shop in Pound Hill with a mortgage from Platform Home Loans Ltd?
Our search tool is primarily used to select residential conveyancing solicitors in Pound Hill but we have set out at the end of this page some Pound Hill commercial conveyancing firms. You will need to speak with the firm directly to check if they can also act for Platform Home Loans Ltd
I require quick conveyancing in Pound Hill as I have an ultimatum to complete inside one month. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are not taking a mortgage you have the choice not to do searches although no law firm would advise that you don't. Drawing on our experience of conveyancing in Pound Hill the following are instances of issues that can crop up and therefore impact future saleability: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...
I'm refinancing my current property to a buy to let mortgage with Birmingham Midshires and I will use the ballance of the raised equity as a down payment on another house. The area we are interested in is Pound Hill. Will your solicitors be able to act for both sets of banks and link together the conveyances?
Do use our comparison tool on this site to be sure that the solicitors are on the relevant lender panels. Having checked that they are your solicitor will be able to tie up the two conveyancing matters but you should have a chat with you lawyer and communicate your expectations and requirements.
I am searching for an affordable conveyancing lawyer in Pound Hill to assist me in selling my place. I really don't want to get ripped off and there's various Pound Hill conveyancing solicitors out there...who's the best?
Where you’ve not used a conveyancer before, a personal recommendation from relatives or friends is a great place to start and is often the best gauge of quality. Alternatively, consult the Law Society’s regional record of conveyancing solicitors in Pound Hill or use our search tool to find a conveyancing solicitor in Pound Hill.