We have very assertive vendors who has suggested a lock out agreement with a down payment 10k. Are such agreements sensible?

Lock out contracts are agreements binding a property vendor and prospective acquirer granting the buyer the sole right to purchase the property for a set period of time. Essentially, an exclusivity is a document stating that you will have a contract at a later date which is the contract for the actual sale. It tends to be utilised for buyer assurance though in some cases, the seller may stand to benefit from such agreements as well. There are many pros and cons to having them but you need to check with your conveyancer but note that it may end up incurring extra in conveyancing fees. In light of these reasons these agreements are rare in relation to conveyancing in Fulford.

I am downsizing from our home in Fulford and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A high street Fulford conveyancer would know this is not the case. It does beg the question why the purchasers used a national conveyancing outfit rather than a conveyancing solicitor in Fulford. We have lived in Fulford 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 firm currently acting for you. 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)

I have justbeen informed that Wolstenholmes have been shut down. They conducted my conveyancing in Fulford for a purchase of a freehold house 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?

The easiest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Fulford conveyancing specialists.

Just had an offer accepted on a new build apartment in Fulford. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Fulford

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

Should I choose a Fulford conveyancing solicitor in close proximity to the house I am purchasing? An old friend can handle the conveyancing but they are based 400miles drive away.

The benefit of a high street Fulford conveyancing practice is that you can pop in to sign paperwork, hand in your ID and pester them where appropriate. Having local Fulford know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and they were impressed that must surpass using an unknown Fulford conveyancing lawyer just because they are local.