We have rather brash vendors who has recommended a exclusivity agreement with a down payment of 5k. Is it wise to enter into such agreements?
There are two main concerns with signing a lock out contract (also known as a no-shop agreement) is that it diverts attention away from progressing with the conveyancing process, so in the absence of it needing minimal or no negotiation then it may turn out to be a hindrance. It is not particularly popular amongst Wallingford conveyancing practitioners as a result. The other main negative is the extent of the remedies available - an aggrieved buyer should not expect to secure an injunction to prevent the seller disposing of the property to a third party, so the only remedy open via the agreement will be the reimbursement of abortive costs and, in rare circumstances, the extra payment of damages.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Wallingford. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/11/2025, the requirements read as follows :
Are all Wallingford Conveyancing Quality Solicitors on the Coventry BS conveyancing panel?
It is true that some banks and building societies now utilise the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
Does a directory service exist listing Nationwide panel conveyancers in Wallingford on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the CML or Building Society Association sites. Very few mortgage companies make their panel listings open the public online. Where you are looking for a Wallingford conveyancing practitioner on the Nationwide please make the most of our facility.
I am currently in the process of buying my council flat in Wallingford. I have a mortgage agreed with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial land in Wallingford?
Its becoming the norm that commercial conveyancing solicitors in Wallingford will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Wallingford. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Wallingford.
For each commercial conveyancing transaction in Wallingford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Wallingford commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Wallingford.
How does conveyancing in Wallingford differ for newly converted properties?
Most buyers of new build or newly converted property in Wallingford contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Wallingford typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Wallingford or who has acted in the same development.