The owners have rather brash sellers who has insisted on a lock out contract with a payment 10k. Are such agreements sensible?
This kind of preliminary agreement is not the norm in Upton Park, conveyancers are often inclined to veer clients away from them as they detract from the main conveyancing focus and if you end up having your deposit forfeited then the solicitor is left exposed. In addition, there is no certainty that just because the seller has entered into an exclusivity agreement they will sell to you. They may be tempted to break the agreement if they are offered sufficient financial inducement to do so because an aggrieved purchaser with the benefit of a lockoutcontract will still have to show losses as a consequence of the breach and this may not equate the financial upside that your vendor may secure by reneging on the agreement, however morally unworthy the behaviour is.
I am remortgaging my house in Upton Park, does my lawyer have to be on the UBS Solicitor panel?
In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
We are selling our property in Upton Park and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A high street Upton Park lawyer would know this is not the case. It does beg the question why the purchasers are using a national conveyancing outfit rather than a conveyancing solicitor in Upton Park. Having lived in Upton Park for six years we know of no issue. Do we get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
3 months have elapsed since my purchase conveyancing in Upton Park completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How difficult is it to swap solicitor as I have to choose one who is on the Leeds Building Society conveyancing list. I instructed a local conveyancing solicitor in Upton Park round the corner but he is not accepted by Leeds Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Upton Park on the Leeds Building Society panel. Please note that the law firms that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Upton Park. Using search facility on this website, you can compare fees for conveyancing solicitors in Upton Park and throughout England and Wales.
I am looking for a conveyancing solicitor in Upton Park for my home move. Is there any facility to see a firm’s record with the profession’s regulator?
Anyone may read documented Solicitor Regulator Association (SRA) determinations arising from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes recorded call for training purposes.