I am getting a mortgage offer from Lloyds. I intend to use a Licensed Conveyancer in Victoria. Does the Lloyds Solicitor panel exclude conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We have very brash vendors who has suggested a lock out contract with a payment two thousand pounds. Is it wise to enter into such agreements?
There are two main drawbacks with entering into any lock out contract (occasionally termed an exclusivity agreement) is that it takes away the focus from progressing with the conveyancing process, so unless it requires limited or no negotiation then it may turn out to be unhelpful. It is not particularly popular by Victoria conveyancing practitioners as a result. The other main negative is the extent of the remedies available - a jilted purchaser is very unlikely to be granted injunctive relief to stop the seller completing the sale to another buyer, so the only remedy available under the agreement will be the reimbursement of wasted charges and, in rare scenarios, the extra payment of damages.
When will exchange of contracts take place for residential conveyancing in Victoria and do I need to be at the conveyancers branch?
Where you are local to one of the conveyancing solicitors in Victoria you are invited in to sign contracts. However, the law practices we recommend offer a nationwide conveyancing service and give as equally detailed and professional a job for you when communicating with you electronically. The executing of the sale agreement is not the important part. Signing on the dotted line is necessary for the solicitor to address the formalities at the appropriate time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Victoria)to be in the office available at the end of the phone to exchange contracts.
What does commercial conveyancing in Victoria cover?
Victoria conveyancing for business premises incorporates a broad array of advice, provided by regulated solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
What type of property do your Victoria conveyancing quotes apply to?
Our conveyancing quotes are only applicable to standard domestic premises in England & Wales. Where you have any different needs for instance industrial or agricultural land or commercial conveyancing in Victoria do contact us to discuss this further .