We have very assertive vendors who has recommended a exclusivity agreement with a deposit 6,000. Is it wise to enter into such agreements?

Exclusivity contracts are agreements binding a home seller and purchaser giving the buyer the sole right to purchase the premises within an agreed time frame. Essentially, an exclusivity is a document specifying that you should be issued with a contract at a later date being the contract for the actual sale. It tends to be utilised for buyer confidence though in many situations, the proprietor may stand to benefit from such agreements as well. There are numerous pros and cons to having them but you need to check with your conveyancer but beware that it may result in incurring more in conveyancing fees. For this these agreements are not popular in relation to conveyancing in Burnham.

I am buying a new build flat in Burnham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Burnham

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Burnham is where the house is located. What do you suggest?

Flying freeholds in Burnham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Burnham you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Burnham 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 property.

We're FTB’s - agreed a price, yet the property agent has warned us that the owners will only go ahead if we appoint their recommended solicitors as they need a ‘quick sale’. We would rather use a high street conveyancer accustomed to conveyancing in Burnham

It is unlikely the owners are driving this. Should the vendor want ‘a quick sale', alienating a serious purchaser is is going to put the whole deal at risk. Try to communicate with the vendors directly and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to use your own,trusted Burnham conveyancing solicitors - rather thanthe ones that will give their estate agent a introducer fee or achieve conveyancing figures set by HQ.

My wife and I have recently appointed a conveyancing solicitor in Burnham. I need to find out if they are on the lender's conveyancing panel. Can you assist?

One option is to contact the conveyancer to check if they are on the bank's panel. Alternatively please get in touch with us and we can investigate and revert. If they are not on the bank panel we can certainly arrange a specialist conveyancing solicitor in Burnham on the approved list for your mortgage company.