The owners of the home we are purchasing have appointed a conveyancing firm in Tedburn St Mary who has insisted on a preliminary contract with a payment two thousand pounds. Are such agreements sensible?
This form of contract is unusual in Tedburn St Mary, conveyancers are often inclined to veer clients away from them as they detract from the main conveyancing focus and if you end up having your deposit forfeited then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no assurance that just because the seller has signed an exclusivity agreement they will complete the sale with you. They may be inclined to break the agreement if they receive a big enough financial inducement to do so because an aggrieved claimant with the benefit of a lockoutcontract will still be obliged establish consequential losses from the breach and these may not equalise the extra amount that your seller may obtain by reneging on the agreement, no matter how morally reprehensible it undoubtedly is.
Can I use your services to locate a Conveyancing solicitor in Tedburn St Mary even if I’m not buying or selling a house, for instance if I intend to buy an office in Tedburn St Mary with a mortgage from Leeds Building Society?
Our comparison service is mainly there to find domestic conveyancing solicitors in Tedburn St Mary but we have recorded towards the end of this page some Tedburn St Mary commercial conveyancing firms. You should enquire with the solicitors directly to see if they can also act for Leeds Building Society
I opted to have a survey done on a house in Tedburn St Mary before instructing solicitors. I have been informed that there is a flying freehold element to the property. The surveyor has said that some mortgage companies may not give a loan on such a premises.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Tedburn St Mary. Conveyancing may be slightly more expensive based on your lender's requirements.
I am selling my property. My previous lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Tedburn St Mary if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Tedburn St Mary. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
What type of premises does your Tedburn St Mary conveyancing quotes relate to?
The quotes provided are only appropriate to standard domestic homes in England & Wales. If you have any different needs for instance industrial or agricultural property or commercial conveyancing in Tedburn St Mary you should telephone us to address this further .