The vendors of the home we are hoping to buy have appointed a conveyancing solicitor in Barnehurst who has suggested a preliminary contract with a non-refundable deposit 6,000. Are such agreements sensible?
Exclusivity agreements are contracts binding a home owner and prospective buyer giving the buyer a ‘clear field’ to the sale of the premises within an agreed time frame. For all intents and purposes, a lock out agreement is a contract stating that you should have a contract at a later time being the contract for the actual sale. It is generally used for buyer assurance though in some cases, the seller may stand to benefit from such agreements as well. There are various positives and negatives to having them but you need to check with your lawyer but note that it may end up costing you more in conveyancing charges. For this these contracts are unusual when it comes to conveyancing in Barnehurst.
Can your site be used to find a Conveyancing solicitor in Barnehurst even if I’m not buying or selling a house, for example where I wish to acquire a shop in Barnehurst with a mortgage from Virgin Money?
Our search tool is mainly used to help choose residential conveyancing solicitors in Barnehurst but we have recorded at the end of this page a selection of Barnehurst commercial conveyancing firms. You should make contact with the firm directly to check if they are also authorised to represent Virgin Money
I have today made my last payment due on my mortgage with Coventry BS. I assume I don't need a Barnehurst conveyancing practitioner on the Coventry BS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
After much negotiation I have agreed a price on a house in Barnehurst. My financial adviser suggested a conveyancer. I paid an on account payment of £150. Not long after, the solicitor called me embarrassingly acknowledging that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Skipton have agreed my home loan in principle, my offer on a apartment in Barnehurst has been agreed to, what are the next steps?
The estate agent will need to be advised as to your property lawyer's details (be sure the conveyancing practitioners are on the lender’s panel). Telephone Skipton or your broker and finish off any appropriate paperwork. Skipton will sellect a valuer who will get in touch with the estate agent or vendor to book an appointment. Once conducted (assuming no problems) it takes on average a week to receive the mortgage offer. Skipton will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Barnehurst.
I am buying a new build apartment in Barnehurst. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Barnehurst
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Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the input of my in-laws I had a survey completed on a house in Barnehurst in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend refuse to issue a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. If you call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Barnehurst. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Barnehurst to see if the conveyancing costs will increase in light of this.
In my capacity as executor for the estate of my aunt I am disposing of a property in Newport but I am based in Barnehurst. My lawyer (based 250 kilometers from merequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Barnehurst to witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are located in Barnehurst