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Find a Chester Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Chester

We are acquiring a newly built apartment in Chester and my lawyer is informing me that she is duty bound to the lender to reveal incentives from the developer. I am under pressure to exchange and I would rather not delay the conveyancing. Is my lawyer right?

You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

The Chester conveyancing solicitors that just started acting on my purchase in Chester have suddenly closed. They were on acting for me because I needed a firm on the TSB conveyancing panel and my previous Chester lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What do I do now?

Assuming that you have an Estate Agent in the equation then inform them immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the TSB conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Chester is where the house is located. Can you shed any light on this issue?

Flying freeholds in Chester are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chester you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chester may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I am in need of some leasehold conveyancing in Chester. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is recorded at the land registry - and almost all are in Chester - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a basement flat in Chester, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent flats in Chester with over 90 years remaining are worth £186,000. The ground rent is £55 invoiced every year. The lease terminates on 21st October 2076

With just 52 years unexpired we estimate the premium for your lease extension to range between £29,500 and £34,000 as well as legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.

We have an offer in principle from Leeds Building Society who said that they will loan up to £218k. When do we need to appoint a solicitor for conveyancing? Chester is where we plan to move to.

It would be wise to instruct a property lawyer now and ask them to generate a file on your behalf. This will kickstart: 1) the selling agent to issue a Sales Memo to the relevant parties 2) the seller’s conveyancer to submit the draft contract. However, do not ask your lawyer to order searches until you have your valuation report via Leeds Building Society and you are happy to move forward.

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