Find a Law Firm
approved by Chorley & District BS
Ready to buy a new home? Failing to check that a lawyer is on the Chorley & District BS list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the The Chorley & District Building Society Conveyancing Panel? How can my firm be reinstated onto the The Chorley & District Building Society Conveyancing Panel?Find an Approved Solicitor on the The Chorley & District Building Society Conveyancing Panel
The Chorley & District Building Society Conveyancing Panel Example Support Desk Enquires
I need to swap lawyers as my lawyer is not on the The Chorley & District Building Society panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
My lawyer has uncovered an inconsistency when comparing the assumptions in The Chorley & District Building Society’s valuation report and what is in the legal papers for the property. My solicitor informs me that as he is on the The Chorley & District Building Society conveyancing panel he is obliged to check that the lender is with this discrepancy and is content go ahead. Is my lawyer’s stance legitimate?
A precondition to being on the The Chorley & District Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on The Chorley & District Building Society) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
What tools are available to find a local solicitor on the The Chorley & District Building Society conveyancing panel? I have a car and am prepared to travel up to 25 miles to meet the conveyancer.
Feel free to make use of the find a conveyancing panel search on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the The Chorley & District Building Society solicitor panel.
Can you clarify what the consequences are if my solicitor is expelled from the The Chorley & District Building Society Solicitor panel in advance of the completion date?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Are all Conveyancing Quality Solicitors on the The Chorley & District Building Society conveyancing panel?
Some major banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
When it comes to mortgage companies such as The Chorley & District Building Society do solicitors have to be pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I have today made my last payment due on mortgage with The Chorley & District Building Society. I assume I don't need a solicitor on the The Chorley & District Building Society panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your The Chorley & District Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the The Chorley & District Building Society mortgage from the register. The Chorley & District Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the The Chorley & District Building Society has sent the Land Registry the discharge electronically, and
the The Chorley & District Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your The Chorley & District Building Society mortgage has been paid off.