The owners have very assertive vendors who has insisted on a exclusivity agreement with a non-refundable deposit 6,000. Is it wise to enter into such agreements?
There are a couple of main drawbacks with signing a lock out contract (occasionally termed an exclusivity agreement) is that it diverts attention away from making progress with the conveyancing work, so in the absence of it needing little or no negotiation then it could transpire to be a cause of frustration and delay. It is not particularly popular by Llanwrtyd Wells conveyancing solicitors for this reason. The other main issue is the extent of the remedies available - an aggrieved purchaser is not likely to win injunctive relief to prevent the vendor completing the sale to an alternative purchaser, so the only remedy available under the agreement will be the reimbursement of abortive charges and, in limited scenarios, the extra payment of damages.
It is a dozen years since I acquired my home in Llanwrtyd Wells. Conveyancing solicitors have now been appointed on the sale but I am unable to locate the title deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly there is a chance that the deeds will be with your mortgage company or they may be in the possession of the conveyancers who handled the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. The vast majority of conveyancing in Llanwrtyd Wells relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
Is there a search tool that I can utilise to discover of the solicitor handling my conveyancing in Llanwrtyd Wells is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus spending £192.00 in supplemental legal charges.
You should make use of the find a lender approved solicitor tool on this page. Please choose the mortgage company and type ‘Llanwrtyd Wells’ or your location and you will see numerous conveyancers offices in Llanwrtyd Wells or by proximity to you.
I am buying a house and the lawyer has identified Chancel Repair to which the house could be obligated to pay as it falls into the area of such a church. He has mentioned insurance. Is this strictly warranted for conveyancing in Llanwrtyd Wells
Unless a prior purchase of the house took place post 12 October 2013 you can take it that lawyers delivering conveyancing in Llanwrtyd Wells to continue to propose a a chancel search and or insurance against a claim.
I used Action Conveyancing a few years ago for my conveyancing in Llanwrtyd Wells. I now require my file however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Llanwrtyd Wells of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.