Do you work with mortgage lenders with Clun branches?
We can work with all the major lenders serving Clun buyers. Lenders and mortgage specialists in Clun include Mortgage Advice Centre, 17/Po Box 17, Leominster, HR6 0YP, Somers Bill, 26 Broad St, Leominster, HR6 8BS, and Independent Mortgage Doctor, 3 Comberton Rd, Kidderminster, DY10 1UA.
Can I withdraw my offer on a property at any time?
When you make an offer on a house that has been accepted by the vendor, you can ask them to take it off the market as part of the acceptance. If you are selling, you can show your intent by agreeing to remove it from other potential buyers’ interest.
As a buyer, you can withdraw your offer at any time (and, as a seller, you can reject an offer at any time) up to the exchange of contracts, which means you are now legally committed to go through with the transaction at the agreed price. You should check your contract with both the estate agent and your conveyancing solicitor as there may be fees and other penalties associated with pulling out of the transaction after the offer was initially agreed.
If you decide to withdraw from the contract after exchange, then you are in breach. This means, if you’re the buyer, the seller is entitled to keep whatever agreed sum has been set for the deposit, and could claim damages; as the seller, you will be liable to pay interest accrued during the Notice to Complete period as well as the deposit, and the potential for claiming losses, and the buyer has to return everything about the property at the seller’s expense.
Does your solicitors firm advise on the legal conveyancing of auction properties in Clun?
Homeward Legal is used to working with bidders at auction. Typically unusual houses such as tenanted properties, are listed at property auctions which demand extended exploration before exchange. Lawyers therefore encourage purchasers to formally instruct a lawyer in advance of the day of the auction to allow sufficient time for a full review of the lot.
Following the actual auction your experienced solicitor is absolutely prepared for quickly finishing the legal work inside the usual 28 days as typically required .
What length of time will it take our solicitor to handle the conveyancing work for an apartment in a new build property we are buying?
The process can take anywhere between 3 weeks and three months, contingent on any number of things, such as the speed of the seller's property lawyer, or the number of people in the chain. Homeward Legal's solicitors are very results-focused and endeavour towards completing the legal process as rapidly as realistically possible.
The property in Clun being purchased is on a ex-industrial use land. Is the soil possibly contaminated?
The risks posed by soil contamination to Clun inhabitants are usually low. Various bodies hold data on land contaminants affecting Clun, including local authorities.
Should I accept an offer on my home if I haven’t found one to buy?
From your prospective buyer’s standpoint, they are not going to want to wait around for you to find somewhere to move to necessarily, meaning that they might drop out of the process to look for a property that is more readily available. However, you might want to have the discussion with your estate agent as to the best way to manage this as part of the process of putting your house on the market.
It’s not always going to be easy for everyone in the chain to have everything lined up from mortgage offers, sale price agreements, solicitors, surveys and so on. Therefore, you can be honest and tell your prospective buyer that, while you’re accepting the price, you haven’t completed your part in the chain; if they are unhappy with this, your other option is to consider a short-term rental or moving in with friends temporarily to protect the sale.
With our experienced solicitors at low, fixed-fee quotes with 'No Completion, No Fee' protection, Homeward Legal is in the best position to look after your conveyancing. Call us now on 0800 038 6699 to get started.
What’s the difference between residential and commercial conveyancing?
In essence, there is very little difference between the tasks needed for residential conveyancing against commercial conveyancing. The real difference comes in the type of property and the purpose for which it is intended to be used.
The majority of residential transactions are freehold, whereas commercial transactions are almost exclusively leasehold, and commercial property conveyancing searches will tend to be more expensive because the structure and land will occupy a greater space on average than that for residential property.