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approved by Chelsea BS
Ready to buy a new home? Failing to check that a lawyer is on the Chelsea BS list of approved solicitors can put your transaction at risk of delay or failure.
Find an Approved Solicitor on the Chelsea Building Society (a trading name of Yorkshire BS) Conveyancing Panel
Q and A’s regarding the Chelsea Building Society Solicitor Panel
I instructed a law firm to conduct the legal paperwork on my house purchase 5 weeks ago having applied for a mortgage with Chelsea Building Society. The solicitors assured me that they are on Chelsea Building Society conveyancing panel and gave me their panel reference. Chelsea Building Society then ,via my broker advised that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor listed on the approved panel for Chelsea Building Society?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Chelsea Building Society conveyancing panel You may wish to enlist the help of your broker to check with the Chelsea Building Society as to how long they think it will take to get the firm to get back on the panel.
I am purchasing a new build duplex and my lawyer is telling me that she has to disclose incentives from the builder as her firm is on the Chelsea Building Society conveyancing panel. I am nearing the developer’s deadline to exchange and I have no desire to delay matters. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Chelsea Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Chelsea Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Whilst your website is a good idea there are many lawyers listed near Middlesbrough on the Chelsea Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Chelsea Building Society ?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
I am purchasing a new build flat and getting a mortgage with Chelsea Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Chelsea Building Society 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 made in you doing to 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 the Chelsea Building Society conveyancing panel in your location.
My husband and I are in the throws of looking at apartments and am about to put in an offer. Is it premature to have a solicitor in place? I I am planning to take a home loan with Chelsea Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with Chelsea Building Society , ask your prospective lawyers check they are on the Chelsea Building Society conveyancing panel otherwise they can't do the mortgage legal work.
I have paid off my mortgage with Chelsea Building Society. I assume I don't need a solicitor on the Chelsea Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Chelsea Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Chelsea Building Society mortgage from the register. Chelsea Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Chelsea Building Society has sent the Land Registry the discharge electronically, and
the Chelsea Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Chelsea Building Society mortgage has been paid off.
Completion of my remortgage has taken place with a mortgage from Chelsea Building Society. Conveyancing was of an acceptable standard but I would like to complain about Chelsea Building Society. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the Chelsea Building Society branches or the Customer Services Department at Chelsea Building Society head office. In most cases complaints to Chelsea Building Society are resolved effectively and efficiently. If you feel that the matter is not resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.