We were about to choose a conveyancing solicitor in Rutland listed on your site but stumbled across some other estimates via the web appear less expensive – why is this?
You can find plenty of solicitors marketing what appear to be very low prices. We would encourage you to think twice as to how much you respect your own move to want to take 'cheap' risks over the quality of the conveyancing. Many of them list a cheap fee to grab your attention but plant extra charges in the small print..
The owners have rather assertive sellers who has suggested a lock out agreement with a down payment 10k. Are such arrangements appropriate for Rutland conveyancing transactions?
Exclusivity contracts are contracts between a property seller and purchaser giving the buyer the sole right to purchase the premises for a limited period of time. Essentially, a lock out agreement is a contract stating that you will receive a contract at a later time being the contract for the actual sale. It tends to be used for buyer confidence though in some cases, the seller may stand to benefit from such agreements as well. There are various pros and cons to having them but you need to check with your solicitor but note that it may end up incurring more in conveyancing charges. In light of these reasons these contracts are avoided when it comes to conveyancing in Rutland.
I have justfound out that Stirling Law have been shut down. They conducted my conveyancing in Rutland for a purchase of a freehold house 9 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rutland conveyancing specialists.
How does conveyancing in Rutland differ for new build properties?
Most buyers of new build premises in Rutland approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Rutland typically purchase the land, 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 Rutland or who has acted in the same development.
We're novice buyers - had an offer accepted, yet the estate agent advised that the seller will only proceed if we appoint the agent's chosen lawyers as they want a ‘quick sale’. We would rather use a family conveyancer accustomed to conveyancing in Rutland
It is highly unlikely the sellers are behind this. Should the owner desire ‘a quick sale', taking such a hostile approach to a serious purchaser is is going to put the whole deal at risk. Contact the owners directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you intend to use your own,trusted Rutland conveyancing firm - not the ones that will give the negotiator at the agency a referral fee or hit his conveyancing thresholds set by head office.