The vendors of the property we are purchasing have appointed a conveyancing practitioner in Bryncoch who has insisted on a preliminary agreement with a down payment of 5k. Is it wise to enter into such agreements?
Lock out contracts are agreements between a property seller and prospective buyer granting the buyer exclusive rights to purchase the property within a prescribed time frame. Essentially, an exclusivity agreement is a contract stating that you should be issued with a contract at a later date being the main conveyancing contract. It tends to be utilised for buyer confidence though in some cases, the owner may stand to benefit from such agreements as well. There are various pros and cons to having an agreement but you need to check with your solicitor but note that it may result in incurring extra in conveyancing fees. For these reasons these contracts are not popular in relation to conveyancing in Bryncoch.
Finally the sale completed on my house in Bryncoch last July but our buyer keeps SMS messaging daily to moan that her conveyancer needs to hear from mine. What should my lawyer have done following completion?
Following your disposal your conveyancer is committed to forward the transfer documentation and all additional paperwork to the purchaser's conveyancer. Where relevant, your solicitor must also confirm that the home loan has been repaid to the purchasers solicitors. There is unlikely to be post completion formalities unique to conveyancing in Bryncoch.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Bryncoch. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 13/12/2025, the requirements read as follows :
What is the difference between a licensed conveyancer and conveyancing solicitor in Bryncoch
Two types of professional can execute conveyancing in Bryncoch namely licenced conveyancers or solicitors. Both professionals handle conveyancing services that you need to complete the sale or acquisition of property. They are both duty bound to execute Bryncoch conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that the requirements and steps will be suitably attended to.
We have a mortgage agreed in principle with Nottingham. Bryncoch conveyancing practitioners were instructed. What is the average time that one could expect to receive a mortgage offer from Nottingham?
Some lenders take longer than others. Have Nottingham conducted the survey? Have you advised Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I was told three weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in Bryncoch is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up during conveyancing in Bryncoch?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Bryncoch. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’