Find a Law Firm
approved by Chorley & District BS

Ready to buy a new home? Failing to check that a lawyer is on the Chorley & District BS list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the The Chorley & District Building Society Conveyancing Panel

Common questions asked concerning the The Chorley & District Building Society Solicitor Panel

A lawyer my fiance and I wanted to use for conveyancing on a remortgage said she will levy higher legal fees if my lender is because of their unusual legal requirements. Will I regret using The Chorley & District Building Society? Any comments will be appreciated
The Chorley & District Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the The Chorley & District Building Society conveyancing panel. If they are not, this does add further risk of delay as The Chorley & District Building Society will appoint their own solicitors to look after their interest.
My husband and I are refinancing our apartment with The Chorley & District Building Society. We have a son 18 who lives with us. The solicitor on the The Chorley & District Building Society conveyancing panel requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this form unique to the The Chorley & District Building Society conveyancing panel as he never had to sign this form when we bought 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to The Chorley & District Building Society .This is solely used to protect the The Chorley & District Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of The Chorley & District Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

Do I have to attend the offices of the The Chorley & District Building Society conveyancing panel solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in London so that I can pop in to their offices when needed.
Most conveyancing panel lawyers for The Chorley & District Building Society undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
I would like to get my ex-husband removed the mortgage deeds. Can The Chorley & District Building Society really tell me which solicitor I can or can not retain?
You can use any solicitor you like but The Chorley & District Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the The Chorley & District Building Society solicitors panel
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the The Chorley & District Building Society conveyancing panel requirements are different to The Chorley & District Building Society’s conveyancing panel criteria.
I have a mortgage with The Chorley & District Building Society. Conveyancing has been completed a year ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform The Chorley & District Building Society?
Your original mortgage agreement with The Chorley & District Building Society will provide that you need their approval prior to letting out your property as this is likely to be a breach of The Chorley & District Building Society’s mortgage conditions. It may be that The Chorley & District Building Society will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact The Chorley & District Building Society directly. You need not do this via a The Chorley & District Building Society conveyancing panel solicitor.
I had an offer accepted on an apartment on the 5th February 2014, valuation was booked 3 days after, received a clean bill of health. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to The Chorley & District Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the The Chorley & District Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for The Chorley & District Building Society to deal with your lawyers application to be on the The Chorley & District Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.