The owners have very assertive sellers who has insisted on a lock out agreement with a payment of 5k. Are such agreements sensible?

Exclusivity agreements are contracts between a property owner and prospective acquirer granting the buyer the sole right to purchase the property for a limited period of time. For all intents and purposes, an exclusivity agreement is a contract specifying that you should be issued with a contract at a later date which is 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 positives and negatives to using them but you should to check with your lawyer but note that it may result in incurring more in conveyancing charges. In light of these reasons these agreements are not popular when it comes to conveyancing in Wilton.

What will a local search reveal regarding the property we're purchasing in Wilton?

Wilton conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Searchflow The local search plays an important role in many a Wilton conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search will provide information on, amongst other things, details on planning applications applicable to the property (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 thirteen topic headings.

I am purchasing a new build house in Wilton benefiting from help to buy. The developers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not to tell my solicitor about the deal as it could adversely affect my mortgage with Norwich and Peterborough Building Society. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder 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.

I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Wilton is the location of the property. What do you suggest?

Flying freeholds in Wilton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wilton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wilton 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.

We are hoping to acquire a repression property in Wilton and the vendor demand completion inside a week. Can a lawyer complete in this timeframe? Would it be better to use a local Wilton firm or an online organisation that advertises to offer speedy conveyancing?

Visit your Wilton high street. Pop in to a couple of firms and request to talk to a conveyancing solicitor for a quote. Set out your requirements and seek a commitment on deadlines. Select the firm that seems most efficient. Make sure to choose a solicitor on the panel of conveyancing practitioners who can act for your mortgage company.