We have very pushy vendors who has insisted on a preliminary contract with a down payment 10k. Is it wise to enter into such agreements?
This type of agreement is not the norm in Deeside, conveyancers are often inclined to veer clients away from them as they divert attention from the main conveyancing focus and if you end up having your deposit forfeited then the lawyer at best left with an upset client and at worst a litigious one. Secondly, there is no assurance that just because the seller has executed a lock out agreement they will complete the sale with you. They may be in contravention of the contract if they are offered a large enough offer to do so because a wronged purchaser with the benefit of a exclusivitycontract will still be legally obliged to show losses as a consequence of the breach and this may not equate the extra amount that your seller may obtain by breaking the agreement, however morally condemnable it undoubtedly is.
What does my ID and proof of funds have anything to do with my conveyancing in Deeside? Is this really warranted?
Deeside conveyancing solicitors as well as nationwide property practitioners accross the UK have an obligation under Anti-terror and anti-money-laundering rules to check the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and evidence of address (typically a Utility Bill less than 3 months old).
Evidence of the origin of funds is also necessary in compliance with the money laundering regulations as solicitors are required to investigate that the money you are utilising to acquire a property (be it the exchange deposit or the full purchase amount if you are buying mortgage free) has come from an acceptable source (such as an inheritance) rather than the product of criminal behaviour.
How do I investigate if the solicitor carrying out my conveyancing in Deeside is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Halifax thus paying £192.00 in further conveyancing bill.
Feel free to make the most of the search tool on this site. Please choose the lender and type ‘Deeside’ or your preferred area and you will be presented with a number of lawyer offices in Deeside or near you.
Me and my partner are purchasing a flat in Deeside. I might seem paranoid but how we can trust a conveyancer? On completion day we have to put our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have been advised by my conveyancer that absentee landlord insurance is needed on my purchase. What is the level of cover for Deeside conveyancing?
The right level of absentee landlord indemnity insurance should be dictated by who your lender. It would differ for example between Lloyds TSB Bank and Skipton Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.
I am due to exchange contracts on my flat. I had a double glazing fitted in October 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Clydesdale are being a right pain. The Deeside solicitor who is on the Clydesdale conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have been on the look out for a leasehold apartment up to £235,500 and found one near me in Deeside I like with a park and railway links in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Deeside suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the shortness of the lease may be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
My husband and I yesterday discovered that one of the partners of the conveyancing practice acting on the purchase conveyancing in Deeside is a relative of the seller. Is this allowed?
Provided no conflict arises this is allowable. Where you are needing mortgage finance then the mortgage company may have a say as many mortgage companies have specific instructions concerning this. For example for Halifax Loans as of 19/6/2026, the requirements read as follows :