We instructed a local firm for my conveyancing in Peasedown St John today. Upon checking the small print I notewe are liable for costs even if the sale aborts. Should I ditch them and use a web based lawyer advertising no-sale-no-fee conveyancing in Peasedown St John?

Generally there is a compromise along the lines that if "No Completion No Fee" is advertised then the conveyancing charges will generally be higher to neutralise those conveyances that fail to complete. Do bear in mind that such deals generally do not cover expenditure e.g. Peasedown St John conveyancing search charges.

The vendors of the property we are purchasing have instructed a conveyancing practitioner in Peasedown St John who has suggested a preliminary agreement with a non-refundable deposit of 5k. Are such agreements sensible?

Exclusivity contracts are contracts binding a property vendor and purchaser giving the buyer a ‘clear field’ to the sale of the premises for a limited period of time. Essentially, an exclusivity is a document specifying that you will receive a contract at a later date which is the contract for the actual sale. It is generally used for buyer confidence though in many situations, the owner may stand to benefit from such agreements as well. There are various pros and cons to having them but you need to check with your lawyer but beware that it may end up incurring extra in conveyancing fees. In light of this these agreements are unusual in relation to conveyancing in Peasedown St John.

Is there a reason why leasehold purchase conveyancing in Peasedown St John is more expensive?

The conveyancing costs on a leasehold property in Peasedown St John is inevitably more expensive when contrasted to a freehold transaction. This is because there is an amount of supplemental time necessary in communicating with the freeholder and management company to collate the evidence about whether the rent and maintenance fee have been cleared and whether there are any major works due in the foreseeable future on repairs or maintenance of the block.

I'm purchasing a new build house in Peasedown St John benefiting from help to buy. The builders would not budge the amount so I negotiated £7000 of extras instead. The estate agent told me not to tell my conveyancer about the deal as it could adversely affect my loan with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Are you able to confirm the extent of conveyancing supplied by Peasedown St John conveyancing firms?

In the main Peasedown St John conveyancing organisations tend to offer a broad range of legal advice to domestic and agricultural land proprietors, vendors, first time buyers, landlords and leaseholders such as:

House sale conveyancing in Peasedown St John and beyond Domestic purchase conveyancing in Peasedown St John and further afield Switching mortgage lenders Missing landlord applications by leaseholders to acquire their freehold Auction disposal and purchase conveyancing in Peasedown St John or throughout England and Wales Tenancy and licence agreements