lenderpanel

Find a Chaddesden Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Chaddesden

I am under pressure from the mortgagee in possession of a property in Chaddesden to sign contracts within four weeks. What can I do to accelerate the buying process?

In the event that you are under a tight deadline for your conveyancing it is highly recommended that your solicitor is familiar with the area as they will have local contacts and know-how. It is possible that they would have handled previoushomes in the same neighbourhood. Therefore consider using a Chaddesden conveyancing solicitor. Second, check that the lawyer is on the on the approved list for your mortgage company. It is understood that 18% of Chaddesden conveyancing deals are held up or jeopardised after discovering a purchaser’s conveyancer was not on their banks list of approved solicitors. In many cases this discovery resulted in the home move being frustrated by an average of three weeks. It is claimed that this issue impacts in the region of one hundred thousand home moves annually. Many Chaddesden conveyancing practices can not act for certain lenders so do check as early as possible.

About to purchase a new build flat in Chaddesden. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Chaddesden

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been on the look out for a leasehold apartment up to £245,000 and found one near me in Chaddesden I like with a park and station nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in Chaddesden in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

If you require a home loan the remaining unexpired lease term will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.

As co-executor for the estate of my father I am selling a residence in Monmouth but I am based in Chaddesden. My conveyancer (who is 260 miles awayhas requested that I sign a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Chaddesden who can witness and place their company stamp on the document?

strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are located in Chaddesden

The solicitors carrying out our conveyancing in Chaddesden has sent documents to review that state the property is unregistered with epitome documents. Is it not the case that all houses in Chaddesden are registered?

Much of the property in Chaddesden is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Chaddesden conveyancing practitioners will be familiar with such matters but where uncertainty prevails the prevailing proposition these days appears to be for the seller’s conveyancer to address the registration formalities first and then sell - this undoubtedly result in a protracted home move.

Last updated

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