My fiance and I are looking to buy a flat in Pinnerwood Park and have instructed a Pinnerwood Park conveyancing practice. Within the last couple of days our conveyancer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Barclays have this afternoon contacted us to advise us that they have now hit a problem as our Pinnerwood Park conveyancer is not on their approved list of lawyers. Is this a problem?

When purchasing a property with the benefit of a mortgage it is normal for the purchasers' lawyers to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Pinnerwood Park solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.

We have very assertive sellers who has insisted on a lock out contract with a payment two thousand pounds. Are such agreements appropriate for Pinnerwood Park conveyancing transactions?

There are a couple of main drawbacks with entering into any lock out agreement (also termed an exclusivity agreement) is that it can distract from making progress with the conveyancing work, so in the absence of it needing limited or no negotiation then it could transpire to be a cause of frustration and delay. It is not particularly popular by Pinnerwood Park conveyancing solicitors as a result. A supplemental issue is the extent of the remedies available - a jilted buyer is extremely unlikely to obtain an injunctive ruling by a court to bar the owner completing the sale to a third party, so the only remedy available under the contract will be the reimbursement of abortive charges and, in restricted circumstances, the additional payment of damages.

Are there restrictive covenants that are commonly identified as part of conveyancing in Pinnerwood Park?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Pinnerwood Park. 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…’

I am looking into buying my first house which is in Pinnerwood Park and I am already nervous. I couldn't find anything specific about Pinnerwood Park. Conveyancing will be needed in due course but do you know about the Pinnerwood Park area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Pinnerwood Park. In the meantime here are some basic statistics that we found

I require the services of a bank panel solicitor in Pinnerwood Park. Can you assist?

Unfortunately it’s not apparent why you need a Pinnerwood Park panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Pinnerwood Park are on their panel . If you do find such a firm in Pinnerwood Park not listed please direct them to our site to list. After all the cost is only one £1 a month