The sellers of the home we are looking to purchase have appointed a conveyancing practitioner in Standish who has suggested a exclusivity agreement with a down payment 6,000. Is it wise to enter into such agreements?
This kind of arrangement is unusual in Standish, conveyancers are often inclined to veer clients away from them as they divert attention from the primary focus, namely conveyancing and if you end up having your deposit forfeited then the lawyer at best left with an upset client and at worst a litigious one. In addition, there is no certainty that just because the vendor has entered into a lock out agreement they will sell to you. They may be in contravention of the agreement if they are offered a big enough offer to do so because an aggrieved party with the benefit of a lockout agreement will still have to establish consequential losses from the breach and these may not amount to the financial benefit that the owner may obtain by breaching the agreement, no matter how morally unworthy that may be.
We note that you have a search directory listing firms on the Co-operative conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Standish?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Standish.
Various internet forums that I have visited warn that are the main reason for delay in Standish conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Searches are not likely to be the root cause of slowing down conveyancing in Standish.
I own a renovated Victorian property in Standish. Conveyancing practitioner represented me and The Mortgage Works. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Standish and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing lawyer who carried out the work.
How simple is it to switch firm as I have to choose a firm on the Clydesdale conveyancing list. I was using a high street conveyancing solicitor in Standish five minutes from me but he is not approved by Clydesdale
It would be our pleasure to help you select a conveyancing solicitor in Standish on the Clydesdale panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Standish. Using the find a conveyancing solicitor tool on this website, you can scrutinise fees for conveyancing solicitors in Standish and beyond.