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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 transaction 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

I own a freehold house in Chester but nevertheless charged rent, why is this and what is this?

It is rare for properties in Chester and has limited impact for conveyancing in Chester but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.

My friend recommended that if I am purchasing in Chester I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is occasionally included in the estimate for your Chester conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Chester around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chester Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Chester Education with maps and statistics, Local Amenities and other useful information about Chester.

Due to the input of my in-laws I had a survey completed on a house in Chester ahead of appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks tend refuse to grant a loan on this type of premises.

It varies from the lender to lender. Santander has different instructions from Halifax. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chester. Conveyancing may be slightly more expensive based on your lender's requirements.

I am on look out for some leasehold conveyancing in Chester. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and most 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 am the registered owner of a 2 bed flat in Chester, conveyancing was carried out 3 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Chester with over 90 years remaining are worth £170,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2102

With only 79 years left to run we estimate the price of your lease extension to range between £7,600 and £8,800 plus professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

My wife and I are acquiring a ground floor flat in Chester. At the point of instructing our solicitor, they said that they were on all mainstream mortgage company panels. Our financial adviser emailed today to say that they don't appear to be on the Lloyds approved list. Were it to be true, what should we do? Should we simply choose a different conveyancer that is on their panel or should we cover the costs for separate representation, with Lloyds appointing their own approved conveyancing practitioner.

If you are acquiring a property with the assistance of a mortgage it is usual for the purchaser’s solicitors to also act for the mortgage company. In order to act for a bank or building society a property lawyer has to be on that lender's conveyancing panel. An application has to be made by the conveyancer to the lender to become a member of the lender's panel and there are increasingly strict conditions which the property lawyer has to meet. Some building societies now require their panel firms to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact Lloyds and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Lloyds's conveyancing panel and you may continue to use your own Chester solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.

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