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Find a Chipstead Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Chipstead

My Chipstead conveyancer has identified an inconsistency when comparing the assumptions in the valuation report and what is revealed within the conveyancing documents. My lawyer informs me that he is duty bound to ensure that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action legitimate?

Your lawyer must comply with the UK Finance Lenders’ Handbook conditions 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 both parties.

I have been recommended a conveyancing solicitor in Chipstead. I I am struggling to find out whether they are on the Platform Home Loans Ltd approved list of lawyers. Can you assist?

The first thing you should do is call your solicitor and enquire whether they are on the lender panel. Alternatively you can get in touch with Platform Home Loans Ltd who may be able to assist.

I have been told that property searches are the main cause of hinderance in Chipstead house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Chipstead.

I am buying a new build house in Chipstead benefiting from help to buy. The builders refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not reveal to my conveyancer about the side-deal as it will affect my loan with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Back In 2002, I bought a leasehold house in Chipstead. Conveyancing and Aldermore mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Chipstead who previously acted has now retired. Do I pay?

The first thing you should do is contact HMLR to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Chipstead conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Chipstead. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

if there is a absentee landlord or where there is dispute about the premium for a lease extension, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the amount due.

An example of a Freehold Enfranchisement case for a Chipstead property is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case affected 3 flats. The remaining number of years on the lease was 75 years.

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