The owners have rather assertive sellers who has recommended a preliminary contract with a deposit two thousand pounds. Are such agreements sensible?

This type of agreement is not the norm in Homerton, conveyancers are often inclined to direct clients away from them as they divert attention from the main conveyancing focus and if you end up losing your deposit then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no certainty that just because the vendor has entered into a lock out contract they will sell to you. They may be in contravention of the contract if they are offered a big enough offer to do so because a wronged purchaser with the benefit of a lockout agreement will still have to establish consequential losses from the breach and these may not equate the extra amount that the owner may gain by breaching the agreement, however morally reprehensible the behaviour is.

Have just purchased a repossessed house at auction in Homerton. Conveyancing is needed. What is next?

Having to in every practical sense signed on the dotted line you will need to find a conveyancing solicitor as a matter of priority as you are facing a tight a drop dead date to complete the conveyancing. Every auction property will ordinarily have an associated legal set of papers. This will likely include evidence of title and search results. Where you are dealing with leasehold property the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You need to give this to the lawyer working for you as soon as possible. Do make sure that that you have the requisite funding in order to complete the transaction on the set completion date.

Is it the case that all Homerton conveyancing solicitors on the Coventry BS conveyancing panel are overseen by the SRA?

As a firm of solicitors, in order to be on the Coventry BS approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do permit licenced conveyancers on their panel and in that case the firms would be overseen by the CLC.

We expect to receive a AIP from TSB 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 TSB recommend any Homerton solicitors on the TSB conveyancing panel, or is it better to go independently?

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

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Homerton is where the house is located. Can you offer any opinion?

Flying freeholds in Homerton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Homerton you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Homerton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

My husband and I are 17 days into a leasehold purchase having been recommend to a firm by the high street agent to execute conveyancing in Homerton. I am am very dissatisfied with the quality of service. Can you you assist me in finding new solicitors?

They would have to be really poor in order to consider changing them. Has your mortgage been issued? In the event that it has you need to make them aware of the replacement solicitor and get the mortgage documents are re-issued. Your conveyancer needs to be on the mortgage company panel to avoid added charges and frustration. So that should be your first question of the new solicitors. The search tool will assist you in finding a lender approved conveyancer for your home move in Homerton

I pay a service charge for my appartment in Homerton. Due to losing my job and other issues I slipped into arrears with payments. The management company agreed a clearance schedule but there remains around £2000 currently due.

I want to dispose of the property and I am concerned this can threaten to derail the sale if I have to discharge the arrears first. Do I have to settle before - is this achievable?

You should clarify with the property lawyer conducting your Homerton conveyancing but one option could be to agree for the arrears to be attributed to the buyers. The purchase price payable would be adjusted to reflect the amount of debt they assume. They would then deal with the outstanding monies post completion of the sale.