The owners have very brash sellers who has insisted on a preliminary agreement with a deposit two thousand pounds. Is it wise to enter into such agreements?

There are two primary drawbacks with executing a lock out contract (occasionally referred to as an exclusivity agreement) is that it takes away the focus from progressing with the conveyancing work, so unless it requires minimal or no negotiation then it could turn out to be a hindrance. It is not strongly advocated amongst Taffs Well conveyancing lawyers for this reason. The other main concern is the extent of the remedies available - a jilted purchaser should not expect to obtain injunctive relief to prohibit the vendor disposing of the property to a third party, so the only remedy available under the agreement will be the recovery of abortive charges and, in rare situations, the additional payment of penalties.

My partner and I are intent on selling our house in Taffs Well and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a web based conveyancing outfit rather than a conveyancing solicitor in Taffs Well. We have lived in Taffs Well for six years we know of no issue. Do we contact our local Authority to seek confirmation that the buyers are looking for.

It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)

What does commercial conveyancing in Taffs Well cover?

Non domestic conveyancing in Taffs Well incorporates a wide range of services, given by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

My husband and I are new to the buying process - agreed a price, but the estate agent informed us that the owners will only issue a contract if we appoint their preferred lawyers as they need an ‘expedited deal’. We would rather use a family conveyancer used to conveyancing in Taffs Well

We suspect that the seller is not behind this demand. If they require ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you do not need to sell (d) you intend to proceed fast (e)however you are going to instruct your preferred Taffs Well conveyancing firm - as opposed tothe ones that will earn the negotiator at the agency a introducer fee or achieve conveyancing figures demanded by HQ.

I have just started marketing my ground floor flat in Taffs Well. Conveyancing solicitors are to be appointed soon, however I have just had a quarterly maintenance charge invoice – what should I do?

The sensible thing to do is pay the service charge as you normally would because all rents and service charges will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Taffs Well Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing

Does the lease have in excess of 85 years unexpired? You will want to find out as much as possible concerning the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to daily matters such as the upkeep of the communal areas. Ask other people what they think of them. On a final note, be sure you understand the dates that the maintenance fees are due to the managing agents and specifically what you get for your money. Be sure to discover if there is anything that is prohibited in the lease. For example some leases prohibit pets being permitted in in a block in Taffs Well. If you love the apartmentin Taffs Well yet your cat is not allowed to make the move with you then you will be faced difficult decision.