Find a Law Firm
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
Examples of recent questions relating to the Chelsea Building Society Solicitor Panel
For what reasons would a law firm be excluded from the Chelsea Building Society approved conveyancing panel?
According to a recent survey report by the solicitors regulator three quarters of solicitor practices had been removed from a lender panel. The most common reasons in order are :
- lack of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Chelsea Building Society
My conveyancer has spotted an inconsistency when comparing the information in Chelsea Building Society’s valuation report and what is revealed within the conveyancing documents. My solicitor has advised that as he is on the Chelsea Building Society conveyancing panel he must check that the lender is OK with this discrepancy and is content go ahead. Is my solicitor’s course or action correct?
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) 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.
Are there any apps to help find a local solicitor on the Chelsea Building Society conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the solicitor.
You can use the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Chelsea Building Society solicitor panel.
I am purchasing a semi-detached house and getting a mortgage with Chelsea Building Society. How practical is it for me to do the 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.
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.
I have a mortgage with Chelsea Building Society. My grandfather has just retired and wants to pay off the mortgage left on the property. After Chelsea Building Society is paid, I want to transfer the property to my mother's name; How long will it roughly take? Do we need two separate solicitors on the Chelsea Building Society conveyancing panel? I do not intend to live at the property once the Chelsea Building Society mortgage is discharged.
Although you do need to retain the services of a lawyer they dont need to be on the Chelsea Building Society panel. You will need a solicitor to draw up the transfer and to deal with the Land Registry formalities. The only thing you need to consider is that by selling at an undervalue so ask your lawyer about the implications. There could be an inheritance tax issue if you die within 7 years of this. There's no capital gains tax for you as it is your main residence.
Me and my partner are buying a flat in Hendon. Conveyancing solicitors in Hendon will soon begiven the go-ahead. My friendrecommended that we double-check that the conveyancing practitioner in Hendon is on the Chelsea Building Society approved list of lawyers. Is this right?
A limited percentage of Hendon conveyancing firms are on the Chelsea Building Society conveyancing panel. 8 people a month use our search tool to locate a Hendon conveyancing lawyer on the on the Chelsea Building Society panel.