I am getting a mortgage with Nat West. I intend to employ the services of a Licensed Conveyancer in Chelsea. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My solicitor has identified a a legal deficiency with the lease for the property we are purchasing in Chelsea. The seller’s lawyers have put forward title insurance as a workaround. We are happy with insurance and will cover the costs. Our property lawyer says that he must ensure that the lender is content with this solution. Who is the client here, us or the mortgage company ?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. Your solicitor must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. 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.
I am planning to acquire a house and need a conveyancing solicitor in Chelsea who is on the Coventry Building Society approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Chelsea. We dont recommend any particular firm.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial land in Chelsea?
Its becoming the norm that commercial conveyancing solicitors in Chelsea will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Chelsea. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Chelsea.
For every commercial conveyancing transaction in Chelsea it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Chelsea commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Chelsea.
Just had an offer accepted on a new build flat in Chelsea. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Chelsea
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared.
I yesterday become aware that one of the directors of the solicitors undertaking the purchase conveyancing in Chelsea is related to the vendor. Is this permitted?
On the basis that no conflict arises this is permitted. Where you are obtaining mortgage finance then the bank may have a say as many mortgage companies have specific requirements concerning this. For example for RBS - Direct Line as of 28/5/2025, the requirements read as follows :