The owners have rather assertive sellers who has recommended a preliminary contract with a down payment 10k. Is it wise to enter into such agreements?
This kind of agreement is not the norm in Bangor, conveyancers will often sway clients away from them as they detract from the primary objective, namely conveyancing and if you end up having your deposit forfeited then the solicitor is left exposed. Secondly, there is no certainty that just because the proprietor has signed a lock out agreement they will sell to you. They may be inclined to break the agreement if they receive sufficient financial inducement to do so because an aggrieved claimant with the benefit of a exclusivitycontract will still have to establish consequential losses from the breach and this may not amount to the extra amount that your vendor may gain by breaching the contract, no matter how morally unworthy the behaviour is.
Having sold my house in Bangor last June yet the purchaser is Skype messaging every few hours complaining that her lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
Post completion of your sale your lawyer should forward the transfer documentation and all supplemental paperwork to the purchaser's solicitors. If applicable, your conveyancer must also confirm that the home loan has been paid off to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in Bangor.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Bangor is where the house is located. Can you shed any light on this issue?
Flying freeholds in Bangor are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bangor you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bangor may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am selling my home. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Bangor if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Bangor. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.