The owners have very pushy sellers who has suggested a exclusivity agreement with a payment 6,000. Are such agreements sensible?

Exclusivity contracts are contracts between a property seller and purchaser granting the buyer exclusive rights to purchase the premises within a prescribed time frame. Essentially, a lock out agreement is a contract specifying that you will receive a contract at a later date which is the contract for the actual sale. It tends to be utilised for buyer confidence though in some cases, the owner may stand to benefit from such agreements as well. There are numerous positives and negatives to having an agreement but you should to check with your lawyer but beware that it may result in costing you more in conveyancing fees. In light of these reasons these agreements are unusual in relation to conveyancing in Redcar.

Is there a search tool that I can use to discover of the solicitor handling my conveyancing in Redcar is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Platform Home Loans Ltd thus paying £192.00 in additional legal bill.

You should make use of the search tool on this site. Please choose the lender and type ‘Redcar’ or your preferred area and you will discover numerous conveyancers based in Redcar or by proximity to you.

A colleague suggested that if I am buying in Redcar I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is sometimes included in the estimate for your Redcar conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Redcar around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Redcar Education with plans and statistics, Local Amenities and other useful information about Redcar.

Are there restrictive covenants that are commonly identified during conveyancing in Redcar?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Redcar. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am planning to acquire a property and need a conveyancing solicitor in Redcar who is on the mortgage company approved 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 do conveyancing in Redcar. We dont recommend any particular firm.