The owners have rather pushy sellers who has recommended a exclusivity agreement with a non-refundable deposit two thousand pounds. Is it wise to enter into such agreements?
Exclusivity contracts are agreements binding a property owner and purchaser giving the buyer the sole right to purchase the property within a prescribed time frame. Essentially, an exclusivity is a document specifying that you should have a contract at a later date being the contract for the actual sale. It is generally used for buyer confidence though in some cases, the seller may enjoy an upside from such agreements as well. There are numerous pros and cons to having them but you should to check with your solicitor but beware that it may end up incurring more in conveyancing fees. In light of these reasons these contracts are avoided when it comes to conveyancing in Steyning.
Can your site be used to recommend a Conveyancing solicitor in Steyning even if I’m not buying or selling a house, for example if I wish to buy a shop in Steyning with a mortgage from Alliance & Leicester ?
Our search tool is predominantly utilised to get a quote from domestic conveyancing solicitors in Steyning but we have listed at the end of this page a few Steyning commercial conveyancing firms. You should make contact with the firm directly to check if they are also authorised to represent Alliance & Leicester
Forgive me if this question is silly but I am unexperienced as a first time purchaser of a garden flat in Steyning. Do I pick up the keys to the premises on completion from my lawyer? If so, I will instruct a High Street conveyancing solicitor in Steyning?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you should be able to pick up the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
A friend pointed out to me me that in purchasing a property in Steyning there could be various restrictions prohibiting external alterations to a property. Is this right?
There are anumerous of properties in Steyning which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Steyning should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Completion of my remortgage has taken place for my property in Steyning. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
What can a local search tell me about the house I am buying in Steyning?
Steyning conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company for instance Searches UK The local search is essential in every Steyning conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications applicable 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 sections.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Steyning is where the house is located. Can you offer any guidance?
Flying freeholds in Steyning are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Steyning you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Steyning 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.