I have just started taking steps with a view to changing my domestic home loan to a Buy to Let Halifax mortgage. I was told by my mortgage that I must appoint a solicitor as part of the process. I spoke to my previous Chelmsley Wood conveyancing firm who who completed the conveyancing when I previously acquired the property. The fee calculation e-mailed to me of £450 plus VAT is surprising as I am not require purchase conveyancing - it’s just a bog-standard refinance.
The costs illustration is slightly on the steep side. Where you are prepared to expend time contrasting prices you may be able to reduce the fees slightly by as much as £125. That being said, if you were content with the service the firm provided you couldcome to rue opting for an an untested solicitor. Don't forget to enquire that the firm can represent Halifax. Do use our search tool to locate a Chelmsley Wood conveyancing firm on the Halifax approved list of lawyers, which can often include conveyancing solicitors in Chelmsley Wood.
Is there a list of Santander panel solicitors in Chelmsley Wood on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. Very few mortgage companies make their panel listings visible on the web. If you are looking for a Chelmsley Wood conveyancer on the Santander please use our facility.
We have agreed to purchase a house in Chelmsley Wood. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As your lender is Virgin Money your lawyer must follow the conveyancing requirements outlined in Part two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and lawyers are required to report to Virgin Money where a lease fails to comply with these specifications. The specifications relate to the installation of panels on properties nationwide and is not isolated to Chelmsley Wood.
I had an offer accepted on a property in Chelmsley Wood on 22/12/2025, valuation was booked 4 days after, received a clean bill of health. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Are Principality entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
Should my lawyer be asking questions about flooding during the conveyancing in Chelmsley Wood.
The risk of flooding is if increasing concern for lawyers dealing with homes in Chelmsley Wood. There are those who buy a property in Chelmsley Wood, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Conveyancers are not best placed to offer advice on flood risk, however there are a numerous searches that can be initiated by the purchaser or on a buyer’s behalf which will give them a better appreciation of the risks in Chelmsley Wood. The conventional set of completed inquiry forms given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the vendor to find out if the premises has suffered from flooding. In the event that flooding has previously occurred and is not disclosed by the seller, then a buyer could bring a legal claim for losses as a result of such an inaccurate answer. The buyer’s solicitors will also order an environmental report. This should disclose if there is a recorded flood risk. If so, more detailed investigations will need to be made.
I'm buying my first flat in Chelmsley Wood benefiting from help to buy. The sellers refused to reduce the amount so I negotiated 6k of extras instead. The sale representative suggested that I not reveal to my conveyancer about the side-deal as it could impact my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Should I be concerned that brokers that I am dealing with are encouraging me to use an internet conveyancing firm as opposed to a High Street Chelmsley Wood conveyancing practice?
As is the case with many professional services, often suggestions from relatives can be worth their weight in gold. Yet there are lots of players in a conveyancing transaction; estate agents, mortgage brokers and banks may put forward conveyancers to select. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there might be a financial incentive behind the recommendation. You have the discretion to appoint your own conveyancer. You need to be aware that some lenders specify a panel list of solicitors you are obliged to use for the mortgage related work in your conveyancing.
My wife and I purchased a leasehold flat in Chelmsley Wood. Conveyancing and Barclays mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Chelmsley Wood who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Chelmsley Wood conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a ground floor flat in Chelmsley Wood, conveyancing was carried out in 2007. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Chelmsley Wood with an extended lease are worth £201,000. The ground rent is £45 yearly. The lease finishes on 21st October 2090
With just 64 years unexpired we estimate the price of your lease extension to be between £14,300 and £16,400 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.