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Find a Chard Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Chard

My Chard conveyancer has identified an inconsistency when comparing the assumptions in the valuation report and what is in the legal papers for the property. My lawyer informs me that he must ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s course or action legitimate?

Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions 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 you.

2 months have gone by following my purchase conveyancing in Chard completed. I have checked the Land Registry site which shows that I paid £200,000 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 property 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.

I have been sourcing a conveyancing solicitor in Chard for my house move. Is there any facility to review a firm’s complaints history with the legal regulator?

Anyone can search for published Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.

My wife and I purchased a leasehold house in Chard. Conveyancing and Halifax mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Chard who acted for me is not around. Any advice?

First make enquiries of the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Chard conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Leasehold Conveyancing in Chard - A selection of Questions you should consider Prior to buying

    Its a good idea to find out as much as you can concerning the managing agents as they will either make your living at the property much simpler or uncomfortable. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to daily issues like the tidiness of the common parts. Ask prospective neighbours what they think of their management. On a final note, find out the dates that you are obliged pay the service charge to the relevant party and precisely what it includes. Best to be warned whether window replacement or some other significant cost is anticipated that will be shared amongst the leaseholders and could well dramatically impact the level of the maintenance costs or require a one time invoice. Is the freehold reversion owned jointly by the leaseholders?

Builders have recommended to me a property lawyer and I've obtained a quote from them. It's nearly three hundred pounds cheaper than my preferred Chard solicitor. What's the catch?

Builders frequently have lists of conveyancers who are quick and who know the seller’s paperwork and property lawyer. Plenty of developers offer an inducement to choose a preferred solicitor for this reason, any increased charges can be avoided and a builder will not put forward a conveyancing warehouse and run the risk of having the transaction stall when they demand an exchange in 28 days. A counter-argument for not opting for the suggested conveyancer is that they may be unwilling to 'push' your interests at the risk of alienating the housebuilder. Where you have concerns that this may be the case you should remain with your high street Chard property lawyer.

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