The sellers of the home we are purchasing have appointed a conveyancing solicitor in Whitchurch who has insisted on a preliminary contract with a payment 10k. Are such agreements sensible?
There are a couple of primary concerns with executing a lock out contract (occasionally termed a no-shop agreement) is that it can distract from progressing with the conveyancing work, so unless it requires minimal or no negotiation then it could transpire to be a hindrance. It is not particularly popular amongst Whitchurch conveyancing practitioners as a result. The other main issue is the extent of the remedies available - a jilted purchaser should not expect to win injunctive relief to stop the vendor disposing of the property to another buyer, so the only remedy open via the contract will be the reimbursement of wasted costs and, in limited circumstances, the additional payment of damages.
At what point does exchange of contracts happen for residential conveyancing in Whitchurch and do I need to be at the solicitors office?
Where you are round the corner to our conveyancing solicitors in Whitchurch you are invited in to sign contracts. However, the firms we recommend provide a countrywide conveyancing service and provide just as detailed and professional a job for you when dealing with you by post or email. The executing of the sale agreement is not when everything is set in stone. A signed contract is just a prerequisite for the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Whitchurch)to be in the office at the appropriate time.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Does this mean I have to use their panel conveyancer as I would prefer to use a Whitchurch based conveyancing firm?
You should check but the the likelihood is that allocate you one of their panel lawyers where you take up the "fee-free" incentive. Speak to the mortgage company and ask if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Whitchurch.
What does a local search tell me concerning the house I am buying in Whitchurch?
Whitchurch conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays an important part in most Whitchurch conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
How can the Landlord & Tenant Act 1954 affect my business offices in Whitchurch and how can you help?
The 1954 Act gives protection to business leaseholders, granting the right to make a request to court for a new tenancy and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Whitchurch is one of our hundreds of locations in which the firms we work with have offices