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Questions Related To Sale/Purchase

  • Higher Valuation than Purchase Price By Guest on 17/06/2016

    Hi I have just agreed a purchase price for a flat at £128K from my landlord, as it needs a lot of work inside and out, however Ive just had a homebuyers report done the valuation came in at £150k will my solicitor ask me to get indemnity insurance, or a...

    Sale/Purchase
  • My house buyer is stalling after contracts exchange. If she pulls out what happens next? And what happens with the house I'm purchasing? By Guest on 14/06/2016

    I understand a buyer who pulls out after exchange of contracts gets heavily penalised, which is what I'm worried my buyer may do. But what happens with the house I'm purchasing? At the end of the day I'm also a buyer but if my sale falls through I won't b...

    Sale/Purchase
  • Do we have to exchange on the sane day? By Guest on 13/06/2016

    Hi i am in the process of getting divorced and we are selling the family home in order for us each to rebuy. Once we have an offer on the shared property and if i find a property first that I wish to buy, can I exchange contracts in order to secure the p...

    Sale/Purchase
  • Do I have to pay fees for representing my bank which I am getting my morgtage from to my solicitor who is in this banks panel? By Guest on 13/06/2016

    I am with solicitor who is in Natwest panel, but now I am finding out that solicitor would like to charge me for representing NatWest. Why if she is in NatWest panel already? ...

    Sale/Purchase
  • From TR1 By Guest on 08/06/2016

    I have been sent form TR1 for signing by my conveyancer for the sale of my property. I have been instructed to not ammend the form in anyway apart from signing. When I sign this form should the transferee field be blank? Feels a bit like signing a blank c...

    Sale/Purchase
  • How to enforce a Transfer Clauses By Guest on 02/06/2016

    You have a list of Transfer clauses at http://freeconveyancingadvice.co.uk/diy-conveyancing/transfer-clauses

    We added one to a TP1 that gave the Transferor 8 weeks to erect a boundary fence around their property (adjoins ours) needless to say they hav...

    Sale/Purchase
  • New SDLT and Transfer of Equity By [email protected] on 27/05/2016

    Hi
    I am currently in the process of purchasing my first home. However I am impacted by the new second homes SDLT and have to pay additional 3% for the following reason:

    My dad bought a flat about years ago with his wife for about £120k Cash (there is n...

    Sale/Purchase
  • SDLT and Transfer of Equity By [email protected] on 27/05/2016

    Hi
    I am currently in the process of purchasing my first home. However I am impacted by the new second homes SDLT and have to pay additional 3% for the following reason:

    My dad bought a flat about years ago with his wife for about £120k Cash (there is n...

    Sale/Purchase
  • Insurance for a leasehold property By Guest on 24/05/2016

    We are buying a property and it is freehold. The garage attached is leasehold and will be leased by us. The garage is owned under a leaseholder interest as it is part of next doors structure. Under the terms of the lease, the landlord insures. We want ind...

    Sale/Purchase
  • exchange contracts By Guest on 23/05/2016

    we have the contract from the solicitor but no date for exchange of contract, but solicitor asked for building insurance, does this need to be signed up before exchange of contract...

    Sale/Purchase

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