The owners have very assertive vendors who has insisted on a preliminary contract with a non-refundable deposit of 5k. Are such contracts the norm for Dunchurch conveyancing transactions?
This form of preliminary agreement is unusual in Dunchurch, conveyancers will often encourage clients away from them as they divert attention from the main conveyancing focus and if you end up losing your deposit then the solicitor is left exposed. In addition, there is no guarantee that just because the proprietor has signed a lock out agreement they will sell to you. They may be in contravention of the agreement if they receive a large enough incentive to do so because a wronged purchaser with the benefit of a lockoutcontract will still have to establish consequential losses from the breach and these may not amount to the extra amount that your vendor may obtain by breaking the contract, no matter how morally condemnable the behaviour is.
Finally the sale completed on my house in Dunchurch last spec month but the buyer keeps SMS messaging daily complaining that his conveyancer needs to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
Following your sale your solicitor should forward the transfer deeds and all of the paperwork to the purchaser's conveyancer. If applicable, your lawyer must also send confirmation that the legal charge in favour of the lender has been redeemed to the purchasers conveyancers. There are no post completion formalities just for conveyancing in Dunchurch.
I am purchasing a property for cash in Dunchurch. I have lived for the previous twelve years in Dunchurch. Conveyancing searches are exorbitant. Given that I have knowledge of the area and road very well must I have all the conveyancing searches?
In the absence of a mortgage, then the vast majority of the Dunchurch conveyancing searches are at your discretion. Your solicitor will 'advise', perhaps strongly, that you should have searches carried out, but he is duty bound to do this. Do bear in mind; if you are likely to dispose of the house one day, it will be of importance to your future buyer what the searches determine. There are plenty of instances where houses with functional issues can still show up adverse search results.A good conveyancing solicitor in Dunchurch will be able to give you some practical guidance concerning this.