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

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Recently asked questions about conveyancing in Chessington

My best friend’s step-father is a conveyancer. I hope that I will receive preferential fee for conveyancing, but if not, what level of figure should I be paying for conveyancing in Chessington?

It’s advisable to look for multiple conveyancing quotes. Do use our search tool on this site. The fees do contrast greatly but service levels do are distinct between law firms as is the case with the vast majority of professional services.

My wife and I are soon to complete buying a property in Chessington but as a consequence of wreckage from some water damage at the property I have managed to agree reparation from the vendor in the sum of £2k by way of a reduction in the price. I had intended this to be addressed as part of amending the contract yet Coventry BS are not allowing this. Should they have been informed?

Your lawyer that is on a Coventry BS approved list is required to disclose to Coventry BS of any changes to the sale price. If you were to refuse your lawyer to notify the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new property lawyer for your conveyancing in Chessington.

What does my ID and proof of funds have anything to do with my conveyancing in Chessington? Is this really necessary?

Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identification documents of the potential client they are dealing with prior to agreeing to accepting their conveyancing instruction. The Terms of Engagement that you need to sign will no doubt stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you refuse to hand over identification documents, your solicitor would not be able to accept instructions from you.

How does conveyancing in Chessington differ for newly converted properties?

Most buyers of new build property in Chessington come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Chessington tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chessington or who has acted in the same development.

Can you offer any advice when it comes to choosing a Chessington conveyancing firm to carry out our lease extension conveyancing?

When appointing a conveyancer for your lease extension (regardless if they are a Chessington conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Chessington conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:

    How familiar is the practice with lease extension legislation? Can they put you in touch with clients in Chessington who can give a testimonial?

I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Chessington conveyancing firm to assist?

You certainly can. We are happy to put you in touch with a Chessington conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Chessington residence is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case was in relation to 1 flat.

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