We have very brash sellers who has suggested a lock out agreement with a payment 6,000. Is it wise to enter into such agreements?

This kind of preliminary agreement is not the norm in North Woolwich, conveyancers will often direct clients away from them as they detract from focusing on the main conveyancing focus and if you end up losing your deposit then the lawyer at best left with an upset client and at worst a litigious one. Secondly, there is no assurance that just because the proprietor has executed a lock out contract they will sell to you. They may breach the agreement if they are offered a big enough incentive to do so because a wronged party with the benefit of a exclusivitycontract will still be obliged establish consequential losses from the breach and this may not amount to the financial benefit that the owner may secure by breaking the agreement, no matter how morally unworthy the behaviour is.

As someone with no idea as to conveyancing in North Woolwich what’s your top tip you can impart concerning the home moving process in North Woolwich

Not many law firms or advisers will tell you this but conveyancing in North Woolwich or throughout England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists lots of opportunity for conflict between you and others involved in the transaction. For example, the vendor, estate agent and even potentially the bank. Choosing a lawyer for your conveyancing in North Woolwich is a critical decision as your conveyancer is your adviser, and is the SOLE party in the process whose interest is to protect your legal interests and to keep you safe.

Sometimes a third party with a vested interest may attempt to persuade you that it is in your interests to do things their way. As an example, the property agent may claim to be helping by claiming that your lawyer is slow. Or your financial adviser may advise you to do something that is against your conveyancers guidance. You should always trust your lawyer above all other parties in the conveyancing process.

I am thinking of remortgaging my house in North Woolwich, does my lawyer have to be on the Barclays Solicitor panel?

There is nothing to stop you using your solicitor, but Barclays will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

I own a 4 bedroom Edwardian house in North Woolwich. Conveyancing solicitor acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?

You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in North Woolwich and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing practitioner who conducted the conveyancing.

I am downsizing from my property. My previous conveyancers has retired. I am in need of a recommendation of a conveyancing firm. Im based in North Woolwich if that makes things easier.

Do use our search tool to help you choose a solicitor for your conveyancing in North Woolwich. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.