The Chester conveyancing firm handling our Chester conveyancing has identified a difference when comparing the information in the home valuation survey and what is revealed within the conveyancing documents. My solicitor says that he is obliged to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach legitimate?
Your conveyancer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I am buying a new build flat in Chester. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Chester you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Chester.
I have been advised by my solicitor that chancel insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Chester?
The appropriate level of chancel indemnity insurance depends on who your lender is. It would differ for example between Yorkshire Building Society and Barnsley Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
I have decided to exercise my right to buy my property in Chester off the council. I have a mortgage offer with Yorkshire BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
After shopping around on the internet I have found a Chester conveyancer having made sure that they are on the Kent Reliance conveyancing panel. Does my lawyer arrange the survey of the property?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Chester postcode. As you are getting a mortgage with Kent Reliance, you could contact them to see if they have a list of approved surveyors in Chester.
What does a local search inform me about the house my wife and I purchasing in Chester?
Chester conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Searches UK The local search plays an important role in many a Chester conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
We're novice buyers - had an offer accepted, but the agent advised that the seller will only proceed if we appoint their chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street solicitor used to conveyancing in Chester
It is highly unlikely the sellers are driving this. If they require ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and explain that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to appoint your preferred Chester conveyancing solicitors - rather thanthe ones that will provide the estate agent a referral fee or achieve conveyancing thresholds set by corporate headquarters.