My Solicitor in Chester is not on the Bank of Ireland Solicitor Panel. Can I still retain my prefered solicitor notwithstanding that they are not on the Bank of Ireland panel?
The limited options available to you here include:
- Carry on with your existing Chester lawyers but Bank of Ireland will need to use a solicitor on their list of acceptable firms. This will result in additional overall legal charges as well as cause frustration.
- Find a new solicitor to to deal with the conveyancing, remembering to check they are Convince your conveyancer to do everything within their powers to join the Bank of Ireland conveyancing panel
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Chester?
There are two types of lawyers who can perform conveyancing in Chester namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that required to complete the disposal or purchase of property. Both are obliged to execute Chester conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be professionally carried out and that all requirements and procedures will be appropriately adhered to.
I am the sole beneficiary of my late mum's estate and I have everything in my name alone, including the my former home in Chester. Conveyancing formalities meant that the Land Registry date was in July. I want to move. I do know about the CML 6 month 'rule', which means that my proprietorship could be treated the same way as if I'd bought the house in July. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. Most banks would take a practical view as this provision is primarily there to pick up on the purchase and immediately sell or the quick reselling of property.
We are getting a further advance on our mortgage from RBS as we intend to carry out renovations to our home in Chester. Are we obliged to select a local Chester solicitor on the RBS conveyancing panel to deal with the paperwork?
RBS would not normally appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS conveyancing panel.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Chester for a purchase of a leasehold flat 10 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chester conveyancing specialists.
How does conveyancing in Chester differ for newly converted properties?
Most buyers of new build premises in Chester contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Chester typically buy the real estate, 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 Chester or who has acted in the same development.
We're new to the buying process - agreed a price, yet the property agent told us that the owners will only go ahead if we use the agent's chosen lawyers as they want a ‘quick sale’. We would rather use a high street conveyancer with experience of conveyancing in Chester
We suspect that the owner is not behind this requirement. Should the owner desire ‘a quick sale', taking such a hostile approach to a genuine buyer is not the way to achieve this. Contact the vendors directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you are going to instruct your own,trusted Chester conveyancing firm - rather thanthose that will provide the negotiator at the agency a commission or achieve conveyancing targets demanded by senior management.