My fiance and I wish to acquire a 3 bedroom flat in Trelogan with a residential mortgage from Chelsea Building Society.We would like to retain our Trelogan conveyancing lawyer but Chelsea Building Society advised that she’s not on their "panel". It seems we are left with little choice but to instruct a Chelsea Building Society panel solicitor or retain our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage offered to you contains various provisions, a common one being that solicitors must be on the Chelsea Building Society approved list. Until recently, most banks had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Chelsea Building Society
I am purchasing a house and the lawyer has referenced Chancel Repair for which the property may be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Trelogan
Unless a prior acquisition of the house completed post 12 October 2013 you could assume that conveyancing practitioners conducting conveyancing in Trelogan to continue to advocate a chancel search and or insurance against a claim.
4 months have gone by since my purchase conveyancing in Trelogan concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the input of my in-laws I had a survey completed on a property in Trelogan in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some lenders tend refuse to give a loan on this type of house.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Trelogan. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Trelogan to see if the conveyancing will be more expensive.
I am using a search engine for the words on line conveyancing in Trelogan it brings up numerous conveyancersin the area. With so much choice what is the best way to find the suitable conveyancer for purchase transaction?
The preferential way of choosing the right conveyancer is through a personal referral, so seek the counsel of friends and relatives who have purchased a property in Trelogan or a reputable estate agent or financial adviser. Costs for conveyancing in Trelogan differ, so it's advisable to secure a minimum of four estimates from varying types of companies. Dont forget to clarify that the fees are fixed.