My financial adviser has asked me for my Chard solicitor’s panel reference for the Nationwide conveyancing panel. How do I obtain this. I have e-mailed my local Chard office but they don't know it.
Have you tried calling your Chard conveyancer about this?. They retain a central record lender panel numbers.
We see that you have a post code search directory listing firms on the RBS conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Chard?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Chard.
It has been 4 months following my purchase conveyancing in Chard completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Chard differ for newly converted properties?
Most buyers of new build residence in Chard come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because builders in Chard usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Chard or who has acted in the same development.
I am looking for a flat up to £305k and identified one round the corner in Chard I like with open areas and railway links nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Chard in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage that many years will likely be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
My partner has recommend that I use his conveyancing solicitors in Chard. Should I choose my own solicitor?
No doubt the ideal way to find a conveyancing practitioner is to seek guidance from friends or family who have actually previously instructed the firm you're are thinking of instructing.