Is there a search tool that I can use to check that the solicitor handling my conveyancing in Chiseldon is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Yorkshire Building Society thus paying £192.00 in supplemental conveyancing invoice.
Feel free to take advantage of the find a lender approved solicitor tool on this web page. Pick the lender and type ‘Chiseldon’ or your location and you will discover numerous conveyancers based in Chiseldon or nearest you.
Is it the case that all Chiseldon CQS (Conveyancing Quality Scheme) solicitors are on the Nottingham conveyancing list of approved firms?
A selection of lenders now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
Is it the case that all Chiseldon solicitors on the Barclays conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Barclays approved list of solicitors they would need to be governed by the SRA. Some lenders do permit licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
I am currently in the process of buying my council flat in Chiseldon. I have a mortgage agreed with Virgin Money. 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 Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
Will our conveyancer be raising questions concerning flooding during the conveyancing in Chiseldon.
Flooding is a growing risk for solicitors carrying out conveyancing in Chiseldon. There are those who acquire a property in Chiseldon, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to impart advice on flood risk, however there are a numerous searches that can be carried out by the buyer or on a buyer’s behalf which should figure out the risks in Chiseldon. The standard property information forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the owner to find out whether the premises has suffered from flooding. If the premises has been flooded in past which is not notified by the seller, then a buyer could commence a claim for damages resulting from an inaccurate response. A purchaser’s conveyancers should also carry out an environmental report. This should reveal whether there is a recorded flood risk. If so, additional investigations will need to be initiated.
Are there restrictive covenants that are commonly identified during conveyancing in Chiseldon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Chiseldon. 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…’
How does conveyancing in Chiseldon differ for newly converted properties?
Most buyers of new build property in Chiseldon contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because builders in Chiseldon typically acquire the land, 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 accustomed to new build conveyancing in Chiseldon or who has acted in the same development.