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Find a Chellaston Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Chellaston

I can't travel far from Chellaston. Please spell out why all Chellaston lawyers aren't included on all bank panels?

Even though it may seem unfair for banks to restrict who can represent them, from the public’s or lawyer’s standpoint, the other side of the coin is that lenders are increasingly anxious and feel it vital to protect them against mortgage fraud. As a consequence of this concern mortgage companies are limiting their panel of approved conveyancing lawyers to a manageable size.

Will conveyancers request an advanced payment for my conveyancing in Chellaston?

If you are buying a property in Chellaston your lawyer will request that you place them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the purchase price then this will be needed shortly before contracts are exchanged. The final balance that is needed should be transferred a few days ahead of the completion date.

Will commercial conveyancing searches disclose proposed roadworks that may affect a commercial property in Chellaston?

Its becoming the norm that commercial conveyancing solicitors in Chellaston will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Chellaston. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Chellaston.

For every commercial conveyancing transaction in Chellaston it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Chellaston commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Chellaston.

I'm buying my first flat in Chellaston with a loan from Clydesdale. The sellers refused to budge the price so I negotiated £7000 of additionals instead. The house builders rep advised me not to tell my lawyer about the deal as it would put at risk my mortgage with Clydesdale. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I decided to have a survey completed on a house in Chellaston before instructing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some lenders tend refuse to grant a loan on a flying freehold premises.

It varies from the lender to lender. HSBC has different instructions from Nationwide. If you e-mail us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chellaston. Conveyancing will be smoother if you use a solicitor in Chellaston especially if they are accustomed to such properties in Chellaston.

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