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Find a Chalfont St Giles Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Chalfont St Giles conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Chalfont St Giles

Is it possible for conveyancing in Chalfont St Giles to be concluded in under a month?

In a situation where you are under time constraints for your conveyancing it is highly recommended that your lawyer is familiar with the area as they will benefit local relationships and intelligence. It is even conceivable that they may have conducted previoushomes in the same street. You would be best advised to use a Chalfont St Giles conveyancing firm. Second, double check that the lawyer is on the on the approved list for your mortgage company. It is believed that just under twenty per cent of Chalfont St Giles conveyancing deals are delayed or derailed after discovering a purchaser’s lawyer was not on their banks panel. In many cases this discovery resulted in the buying process being delayed by an average of 21 days. It is said that this issue affects in the region of 100,000 home moves every year. Many Chalfont St Giles conveyancing practices can not represent certain lenders so do check as early as possible.

I am the registered owner of a freehold premises in Chalfont St Giles but still charged rent, why is this and what is this?

It’s unusual for properties in Chalfont St Giles and has limited impact for conveyancing in Chalfont St Giles but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

My aunt passed away 10 months ago and as sole heir and executor I was left the property in Chalfont St Giles. The house had a small mortgage left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this possible?

If you intend to re-mortgage then Leeds Building Society will require that you use a conveyancer on the Leeds Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Leeds Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Leeds Building Society mortgage is registered as a charge at the Land Registry.

My wife and I buying a 3 bedroom semi in Chalfont St Giles. The intention is to carry out an extension to the side at the property.Will legal investigations on the property include checks to ascertain if these alterations are prohibited?

Your property lawyer should check the deeds as conveyancing in Chalfont St Giles will sometimes identify restrictions in the title documents which prevent categories of changes or require the consent of another owner. Some extensions need local authority planning consent and approval in compliance with building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.

My solicitor has informed me that breach of easement insurance is needed on my purchase. What is the level of cover for Chalfont St Giles conveyancing?

The right level of breach of easement indemnity insurance depends on your lender. It would differ for example between Yorkshire Building Society and Leeds Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.

Is it correct that all Chalfont St Giles CQS (Conveyancing Quality Scheme) solicitors are on the Co-operative conveyancing list of approved solicitors?

It is true that some lenders now use CQS as the kick off point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.

I would like to let out my leasehold apartment in Chalfont St Giles. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?

Your lease governs relations between the freeholder and you the flat owner; specifically, it will say if subletting is prohibited, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Chalfont St Giles do not prevent subletting altogether – such a provision would adversely affect the market value the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.

I invested in buying a 1st floor flat in Chalfont St Giles, conveyancing was carried out January 2004. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Chalfont St Giles with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease runs out on 21st October 2072

You have 51 years unexpired the likely cost is going to span between £30,400 and £35,200 as well as legals.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.

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