The owners have very assertive vendors who has insisted on a lock out contract with a down payment two thousand pounds. Is it wise to enter into such agreements?
Lock out agreements are contracts binding a home seller and purchaser granting the buyer exclusive rights to purchase the premises for a limited period of time. For all intents and purposes, an exclusivity is a document stating that you will have a contract at a later time being the main conveyancing contract. It is generally used for buyer assurance though in many situations, the owner may enjoy an upside from such agreements as well. There are various pros and cons to having them but you need to check with your solicitor but beware that it may end up costing you more in conveyancing charges. In light of these reasons these contracts are unusual when it comes to conveyancing in Bollington.
It is is a decade since I acquired my property in Bollington. Conveyancing solicitors have just been instructed on the sale but I can't find the title deeds. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by your mortgage company or they may be in the possession of the solicitor who oversaw the purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Bollington relates to registered property but in the unlikely event that your home is unregistered it is more problematic but is resolvable.
I have todaybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Bollington for a purchase of a leasehold apartment 9 months ago. How can I check that the property is in my name in the name of the previous owner?
The easiest way to check if the property is in your name, you can make 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 Bollington conveyancing specialists.
I was recommended by a few property agents in Bollington to find a conveyancer using your seach tool. Is there a financial upside for Estate Agents to market your site over and above alternative conveyancing organisations?
We don’t give any commission for pointing buyers and sellers our way. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
As co-executor for the estate of my grandfather I am disposing of a residence in Cardiff but I am based in Bollington. My conveyancer (who is 260 miles from meneeds me to sign a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Bollington to witness and place their company stamp on the document?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in Bollington