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Find a Chellaston Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Chellaston? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Chellaston transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Chellaston conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Chellaston

We were about to choose a conveyancing solicitor in Chellaston recommended on your site but have come across some other quotes via the web look cheaper – how come?

There are many firms of solicitors advertising at first sight what seems to be cut price. You should think long and hard about how much you respect your own move to you are willing to take 'cheap' risks in relation to the standard of the legal work. Some hide additional charges well inside the terms and conditions. The conveyancers that we put forward for conveyancing in Chellaston will notdo this.

The Chellaston conveyancing firm that just started acting on my purchase in Chellaston have suddenly closed. I chose them because I needed a lawyer on the UBS conveyancing panel and my family Chellaston lawyer was not. I cut them a cheque for £250 in advance. What do I do now?

If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the UBS conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.

The deeds to our home can not be found. The lawyers who did the conveyancing in Chellaston 10 years ago no longer exist. Will I be able to sell the house?

Gone are the days when you need to hold title official documentation to prove you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.

Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Chellaston is the location of the property. What do you suggest?

Flying freeholds in Chellaston are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chellaston you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chellaston 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.

Are there common deficiencies that you witness in leases for Chellaston properties?

There is nothing unique about leasehold conveyancing in Chellaston. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain clauses are missing. The following missing provisions could result in a defective lease:

    Clauses dealing with recovering service charges for expenditure on the building or common parts.

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Nationwide Building Society, Chelsea Building Society, and Nottingham Building Society all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to pull out.

I purchased a 1st floor flat in Chellaston, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Corresponding properties in Chellaston with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease expires on 21st October 2099

With just 74 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 as well as costs.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.