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Showing posts from October, 2012

How to purchase your perfect home

I am told that the moment you cross the threshold you will know there and then property you are viewing is the one for you.That sixth sense!
Allowing your heart to rule you head can however present a danger.
As your solicitors we will be able to check and advise on the legal issues but will find it far more difficult to advise on the suitability of the property as a home. Nor will we be able to advise on issues relating to the state and condition of the property or on matters relating to the local environment and amenities.It is therefore very important to do your homework and to make sure your solicitor is fully appraised of all relevant matters when if comes to providing instructions.Remember that in most cases your solicitor will not have visited the property.
So here are some tips:
To begin with always visit the property at least once during the day and once in the evening.The seller will normally wish to give you a ‘guided tour’. Resist this and ask if you can spend some time lookin…

Read this before moving home

Moving house is ranked as one of the Top Ten most stressful experiences in life. 
Charlotte Ribbons, Trainee Solicitor with MJP Conveyancing  examines the ups and downs of moving home 
Moving house is ranked as one of the Top Ten most stressful experiences in life. Having moved house myself last weekend I can strongly agree that uprooting a life’s worth of possessions, daily debates with my partner over whether it is really necessary to take my childhood memoirs and having spent a week wading through boxes to find basic items I can vouch that a divorce may have been slightly less traumatic.
I believe the highlight of my day was loading my cherished super-king sized bed into the van, driving it all the way to our new home, spending a good hour manoeuvring it up and down the stairs in a vague attempt to make it fit, standing outside debating whether going through the window might work and then eventually with tears in my eyes admitting defeat, loading it back in the van and saying goodbye…

Estate Agents commission monopoly under attack

In my last blog I discussed the increasing gulf between the fee of the solicitor and the commission charged by the estate agent, and posed the question whether at a time when the property market remains in turmoil this could be justified.
At about the same time news broke of an announcement by the Department for Business, Innovations and Skills (BIS) of proposed amendments to the Estate Agents Act relating to web-based 'intermediaries'.The changes if implemented will meanthe intermediary will no longer betreated in the same way as an agent and will make it easier for sellers to advertise their home online direct to buyers.
The intermediaries, such as Tepilo, run by TV property guru Sarah Beeny,Sellmyhome.co.uk and HouseSimple allow property sellers to advertise their homes online for a fixed fee far below the commission charged by estate agents. The providers of these services do not perform any other role during the sales process yet the Estate Agents Act treats them as agents …

Can the fee of an estate agent be justified?

It often makes me choke when I learn how much the estate agent is to be paid in commission on the sale of a property.Often fifteen times more than my fee and for much less effort.On top of this the agent may also be receiving a referral fee of around £200 to £300 from the solicitor he or she has recommended. Yes, you could accuse me of jealously, and yes, perhaps I should seriously think of a career change.
It is also I suppose a sad indictment of my profession when one looks at how the Law Society has allowed such a situation to arise.Solicitors were at one time paid according to a national fee scale, so depending how much a property was worth their fee would be calculated accordingly.Unfortunately an inept professional body combined with outside competition has led to many solicitors undertaking property transactions for less that the cost of a family ticket to gain entry to Alton Towers.
So how can an estate agent justify such a large fee?It is true that the cost of advertising and …