The owners of the property we are hoping to buy have appointed a conveyancing firm in Lincolnshire who has suggested a lock out agreement with a non-refundable deposit of 5k. Are such agreements sensible?
There are a couple of main downsides with signing a lock out contract (occasionally referred to as a shut-out contract) is that it can distract from moving forward with the conveyancing process, so unless it requires minimal or no negotiation then it could transpire to be unhelpful. It is not promoted amongst Lincolnshire conveyancing solicitors as a result. A supplemental negative is the extent of the remedies available - a jilted buyer is extremely unlikely to secure injunctive relief to prohibit the owner disposing of the property to a third party, so the only remedy available under the agreement will be the recovery of wasted costs and, in limited scenarios, the extra payment of penalties.
I am planning to acquire a house and require a conveyancing solicitor in Lincolnshire who is on the Yorkshire Building Society approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Yorkshire Building Society in certain locations such as Lincolnshire. We dont recommend any particular firm.
Can you point me to a directory of Skipton panel solicitors in Lincolnshire on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association sites. Very few lending institutions make their panel listings available over the internet. If you are looking for a Lincolnshire conveyancer on the Skipton please use our tool.
I have decided to exercise my right to buy my property in Lincolnshire off the council. I have a mortgage offer with Nottingham. 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 have 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 Nottingham, you will need to appoint a solicitor on the Nottingham conveyancing panel.
My offer was accepted on a property in Lincolnshire on 9/4/2025, valuation was booked 2 days later, received a clean bill of health. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Are Principality entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am purchasing a house and the conveyancer has raised the issue of Chancel Repair for which the property could be obligated to pay because it falls into the area of such a church. She has mentioned insurance. Is this strictly appropriate for conveyancing in Lincolnshire
Unless a prior acquisition of the property completed after 12 October 2013 you could take it that conveyancing practitioners conducting conveyancing in Lincolnshire to remain encouraging a chancel search and or insurance against a claim.
I have todaybecome aware that Action Conveyancing have been shut down. They carried out my conveyancing in Lincolnshire for a purchase of a freehold house 9 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The quickest method to check if the property is registered to you, 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 Lincolnshire conveyancing specialists.
I opted to have a survey completed on a property in Lincolnshire in advance of retaining lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some banks tend not issue a loan on this type of house.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lincolnshire. Conveyancing will be smoother if you use a solicitor in Lincolnshire especially if they are acquainted with such properties in Lincolnshire.