The vendors of the home we are looking to purchase have instructed a conveyancing solicitor in Bexhill who has suggested a lock out agreement with a payment 6,000. Is it wise to enter into such agreements?

There are a couple of primary concerns with executing a lock out contract (occasionally termed a shut-out contract) is that it can distract from moving forward with the conveyancing process, so in the absence of it needing little or no negotiation then it could transpire to be unhelpful. It is not particularly popular by Bexhill conveyancing practitioners for this reason. A further concern is the extent of the remedies available - an aggrieved purchaser is not likely to be issued with an injunctive ruling by a court to stop the seller disposing of the property to another buyer, so the only remedy available under the agreement will be the reimbursement of wasted charges and, in limited situations, the additional payment of penalties.

Finally the sale completed on my house in Bexhill last December yet the purchaser is Skype messaging daily to say their lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities following completion?

Post completion of your house sale your conveyancer is obliged to deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer should also send confirmation that the legal charge in favour of the lender has been repaid to the buyers lawyers. There is unlikely to be post completion procedures peculiar conveyancing in Bexhill.

Are all Bexhill Conveyancing Quality Solicitors on the Yorkshire BS conveyancing list of approved solicitors?

It is true that some banks and building societies now use the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.

Can I be sure that the Bexhill conveyancing solicitor on the HSBC panel is any good?

When it comes to conveyancing in Bexhill getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor carrying out your conveyancing.

I am expecting a AIP from Coventry BS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Coventry BS recommend any Bexhill solicitors on the Coventry BS conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Bexhill solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.

I am employed by a reputable estate agency in Bexhill where we have witnessed a few flat sales put at risk due to leases having less than 80 years remaining. I have been given contradictory information from local Bexhill conveyancing solicitors. Could you shed some light as to whether the owner of a flat can commence the lease extension formalities for the purchaser on completion of the sale?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Bexhill Leasehold Conveyancing - Sample of Questions you should consider Prior to Purchasing

How much is the annual maintenance fee and ground rent? Who is in charge of the block? Is there a share of the freehold?

I note that you have a post code search directory listing firms on the lender conveyancing panel. Do Bexhill conveyancing firms pay you a commission if I appoint them for my own conveyancing?

We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Bexhill.