Find an Approved Solicitor on the Chesham Building Society
Chesham Building Society Conveyancing Panel : Questions and Answers
My husband and I are purchasing a 1 bedroom apartment in Newcastle with a mortgage from Chesham Building Society. We would like to retain our lawyer but Chesham Building Society says she’s not on their "panel". It seems we have little choice but to instruct one of the Chesham Building Society panel solicitors or keep our solicitor and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Chesham Building Society use our 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 Chesham Building Society 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 solicitors to apply to be on the conveyancing panel for Chesham Building Society
My son is about to exchange on a newly built flat with a mortgage from Chesham Building Society. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Chesham Building Society conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Chesham Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am buying a flat and require a conveyancing solicitor in London who is on the Chesham Building Society approved. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Chesham Building Society . We don’t recommend any particular firm.
My lawyers in Liverpool have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Chesham Building Society. Is it case that being on the Chesham Building Society conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Chesham Building Society Conveyancing Panel Terms. It might be worth you contacting Chesham Building Society directly.
My brother and I have agreed a price on a house I spoke to a solicitor previously used by my brother and he suggested instructing a solicitor approved by Chesham Building Society. The estate agent recommended two local firms so I asked Chesham Building Society if the 2 suggested solicitors are approved, which they are not. Chesham Building Society pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Chesham Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Chesham Building Society to suggest a law firm in your location. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Chesham Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Chesham Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Chesham Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Chesham Building Society. 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 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 Chesham Building Society you will need to appoint a solicitor on the Chesham Building Society conveyancing panel.
I have instructed a lawyer having made sure that they are on the Chesham Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
I've digested plenty of house buying,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Chesham Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Chesham Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Chesham Building Society 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.
You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Your lawyer 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 postcode. As you are getting a mortgage with Chesham Building Society you could contact your them to see if they have a list of approved surveyors.