The sellers of the property we are purchasing have instructed a conveyancing solicitor in Robertsbridge who has insisted on a lock out agreement with a down payment 10k. Is it wise to enter into such agreements?
There are two main downsides with signing a lock out agreement (also referred to as a no-shop agreement) is that it can distract from making progress with the conveyancing transaction itself, so unless it requires little or no negotiation then it could transpire to be unhelpful. It is not strongly advocated amongst Robertsbridge conveyancing lawyers for this reason. A supplemental negative is the extent of the remedies available - a jilted purchaser should not expect to win injunctive relief to stop the owner selling to another buyer, so the only remedy available under the agreement will be the reimbursement of abortive costs and, in restricted circumstances, the extra payment of damages.
My lender has recommended solicitors on their panel based in Robertsbridge but I would rather instruct a conveyancing lawyer in Robertsbridge local to me. Are you able to assist?
The minority of Robertsbridge conveyancing solicitors are approved and listed on all banks conveyancing panel. Do make use of the above find an approved solicitor tool to find a Robertsbridge conveyancing firm on the on the bank panel.
I am purchasing a house and the lawyer has identified Chancel Repair for which the property could be liable because it falls into the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Robertsbridge
Unless a prior purchase of the house completed post 12 October 2013 you could take it that solicitors delivering conveyancing in Robertsbridge to continue to suggest a chancel search and or insurance against a claim.
The deeds to my property can not be found. The conveyancers who dealt with the conveyancing in Robertsbridge 10 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to have the physical original deeds to establish that you are the registered proprietor of land or property, as the Land Registry have everything they need in a digital format.
The estate agent has sent us the confirmation of our purchase of a new build flat in Robertsbridge. 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 conveyancing.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Robertsbridge
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the input of my in-laws I had a survey completed on a house in Robertsbridge ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies tend refuse to issue a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements from Halifax. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Robertsbridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Robertsbridge to see if the conveyancing will be more expensive.