We have rather brash sellers who has insisted on a lock out contract with a payment two thousand pounds. Are such agreements sensible?

Exclusivity agreements are contracts binding a property seller and prospective acquirer granting the buyer a ‘clear field’ to purchase the premises for a set period of time. For all intents and purposes, an exclusivity agreement is a contract stating that you will receive a contract at a later time being the main conveyancing contract. It tends to be used for buyer protection though in many situations, the seller may enjoy an upside 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 extra in conveyancing fees. For these reasons these contracts are rare when it comes to conveyancing in Wetherby.

Will our conveyancer be raising enquiries regarding flooding as part of the conveyancing in Wetherby.

Flooding is a growing risk for solicitors carrying out conveyancing in Wetherby. Plenty of people will acquire a property in Wetherby, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.

Lawyers are not qualified to offer advice on flood risk, however there are a number of checks that may be undertaken by the buyer or by their solicitors which can give them a better appreciation of the risks in Wetherby. The conventional set of property information forms sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a usual question of the owner to determine whether the property has historically flooded. If flooding has previously occurred and is not disclosed by the owner, then a purchaser could issue a claim for damages stemming from an inaccurate response. The buyer’s conveyancers will also commission an enviro report. This should reveal whether there is any known flood risk. If so, more detailed inquiries should be made.

I was pointed in your direction by numerous selling agents in Wetherby to locate a conveyancer on your site. Is there a financial advantage for Estate Agents to promote your site over and above a competitor’s?

We don’t give any referral fee for sending work to this site. We found it would be just too difficult a fee as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.

My brother has encouraged me to use his conveyancers in Wetherby. Should I use them?

There are no two ways about it it’s preferable to select a conveyancing practitioner is to seek guidance from friends or relatives who have used the solicitor you're are thinking of instructing.

We have been advised by numerous family members that it should take 6-8 weeks for Wetherby conveyancing to complete.This was four weeks ago. The property information was only forwarded from the vendors a couple of days ago so does the clock start running now?

Do not rely on moving on a specific date until exchange of contracts takes place. Whatever assurances the people you are acquiring from or selling to make, or your conveyancer provides don't rely on them. More stress is caused to home movers by unfulfilled promises than anything else.