We have rather assertive vendors who has suggested a exclusivity contract with a non-refundable deposit 6,000. Are such agreements sensible?
This type of arrangement isn't frequently used in Blackpool, conveyancers are not keen on them as they detract from focusing on the primary focus, namely conveyancing and if you end up having your deposit forfeited then the solicitor is left exposed. In addition, there is no assurance that just because the owner has signed an exclusivity agreement they will sell to you. They may be inclined to break the contract if they are offered a big enough incentive to do so because an aggrieved claimant with the benefit of a lockout agreement will still be legally obliged to establish consequential losses from the breach and this may not equalise the extra amount that the owner may secure by breaking the contract, however morally reprehensible that may be.
What does a local search reveal concerning the house we're buying in Blackpool?
Blackpool conveyancing often commences with the submitting local authority searches directly from local Authority or through a personal search organisations for instance PSG The local search plays a central role in most Blackpool conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search will provide 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 13 topic areas.
I have recentlybeen informed that Action Conveyancing have closed. They carried out my conveyancing in Blackpool for a purchase of a freehold house 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Blackpool conveyancing specialists.