We have very brash vendors who has insisted on a preliminary agreement with a deposit two thousand pounds. Are such agreements sensible?
There are two main concerns with entering into any lock out agreement (occasionally referred to as an exclusivity agreement) is that it can distract from moving forward with the conveyancing process, so unless it requires minimal or no negotiation then it may turn out to be a hindrance. It is not particularly popular amongst Stokenchurch conveyancing lawyers as a result. The other main concern is the extent of the remedies available - a jilted buyer should not expect to obtain injunctive relief to prevent the seller selling to another buyer, so the only remedy open via the agreement will be the reimbursement of abortive charges and, in rare situations, the additional payment of penalties.
Can I use your services to recommend a Conveyancing solicitor in Stokenchurch even if I’m not purchasing or selling a house, for example if I wish to buy a shop in Stokenchurch with a mortgage from Skipton Building Society?
The service is primarily used to locate residential conveyancing solicitors in Stokenchurch but we have set out at the end of this page some Stokenchurch commercial conveyancing firms. You will need to make contact with the firm directly to see if they are also authorised to represent Skipton Building Society
I am buying a terrace house in Stokenchurch. The intention is to carry out an extension to the side at the house.Will legal work on the property involve checks to ascertain if these alterations are prohibited?
Your solicitor should review the deeds as conveyancing in Stokenchurch will sometimes identify restrictions in the title deeds which prevent categories of alterations or require the permission of another owner. Many works need local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
We expect to receive a DIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Stokenchurch solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Stokenchurch solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
My wife and I are in the process of looking at houses in Stokenchurch and I am now considering a potential offer. Should I already have a conveyancer appointed at this point? I am planning to take a mortgage with Virgin Money.
You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are taking out a mortgage with Virgin Money, ask your prospective lawyers if they are on the Virgin Money conveyancing panel otherwise they can't do the mortgage legal work.
My business partner and I are intending to lease a unit on the high street. Can you recommend conveyancers offering no-move-no costs for commercial conveyancing in Stokenchurch for less than £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Stokenchurch, including the disposal and acquisition of businesses as well as simply property. If you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we can find you the right firm. As for the costs this will depend on the structure and terms of the deal. Let us have your details or phone us so that we can furnish you with comprehensive commercial conveyancing calculation.
I am in need of some leasehold conveyancing in Stokenchurch. Before diving in I want to be sure as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Stokenchurch - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Stokenchurch - Examples of Questions you should consider before buying
-
Is anyone aware of any major works in the near future that will add a premium to the maintenance costs? For most Stokenchurch leaseholds the outlay for major works tend not to be built into the maintenance charges, albeit that some managing agents in Stokenchurch obliged leaseholders to pay into a sinking fund and this is used to offset against larger works. If a Stokenchurch lease has less than 80 years it will have adverse implications on the value of the flat. Check with your mortgage company that they are willing to to proceed given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering what this will be. For most Stokenchurchlease extensions you will be required to have been the owner of the premises for a couple of years in order to be entitled to carry out a lease extension.
I am unable to get to my Stokenchurch conveyancing practitioners office to execute documents for conveyancing in Stokenchurch – will this be problematic?
You need not be concerned. Stokenchurch conveyancing solicitors can undertake home moves for clients nationwide. You are unlikely to be required to visit a Stokenchurch conveyancers office. Almost all solicitor can deal with everything via phone, post and email - whatever works for you.