My wife and I are buying a 3 bedroom flat in Chorleywood with a mortgage. We would like to retain our Chorleywood conveyancer, however the mortgage company says he's not on their "panel". It appears that we have no choice but to instruct one of the lender panel firms or continue with our Chorleywood conveyancer and pay for one of their panel lawyers to act for them. This feels very unfair; are we not able to require that the lender use our Chorleywood lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Chorleywood conveyancing solicitor to apply to be on the conveyancing panel.
I require conveyancing for a flat in a relatively new development (seven years built) in Chorleywood. 95% of the appartments are already disposed of. Do I need carry out the neighbourhood searches as part of conveyancing in Chorleywood?
You would be putting yourself at risk in not carrying out Chorleywood conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in no uncertain terms that you have them. If speed and expenses are primary issues you should consider with your conveyancer about the option of search insurance
I have justbeen informed that Stirling Law have been shut down. They conducted my conveyancing in Chorleywood for a purchase of a leasehold flat 10 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest method to see if the premises is in your name, 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 Chorleywood conveyancing specialists.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Chorleywood is the location of the property. Can you offer any opinion?
Flying freeholds in Chorleywood are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chorleywood you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chorleywood 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 residence.
Are there any apps to assist me to identify a Chorleywood law firm on the Bank of Ireland conveyancing panel? I drive a motor bike and am prepared to travel upto 20miles to meet the conveyancer.
Feel free to make use of the search on this website. Please select a bank and your location and you will see a number of Chorleywood conveyancing lawyers locally. We have detailed some Chorleywood conveyancing firms at the bottom of this page and you can call them to check if they are on the Bank of Ireland approved list