My financial adviser has requested my Chepstow solicitor’s panel member for the Santander conveyancing panel. Can you suggest how I discover this. I have e-mailed my local Chepstow office but they have not responded to me.
You are best placed to get this information from your Chepstow conveyancing practitioner . Most Chepstow conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
What is the difference between a licensed conveyancer and conveyancing solicitor in Chepstow
There are two types of lawyers who can perform conveyancing in Chepstow namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that required to complete the sale or acquisition of property. Both are required to perform Chepstow conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be professionally administered and that all necessary steps will be accurately attended to.
Is it correct that all Chepstow CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved practices?
It is true that some lenders now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
After months of negotiation I have agreed a price on a house in Chepstow. My mortgage broker suggested a lawyer. I paid an advanced payment of £175. A couple of days later, the solicitor called me embarrassingly acknowledging that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
A relative advised me that if I am buying in Chepstow I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Chepstow conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Chepstow around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chepstow Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data regarding Chepstow.
Over the last few months I have been searching for a ground for flat up to £305k and identified one round the corner in Chepstow I like with a park and transport links nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Chepstow in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the shortness of the lease will likely be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
My husband and I are four weeks into a residential purchase having been referred to solicitors by the high street agent to handle our conveyancing in Chepstow. We are not happy. Could you you assist me in finding new solicitors?
They would have to be really poor to suggest diss instructing them. Has the mortgage been sent? In the event that it has you must advise them of the new conveyancer and have the offer are re-sent. Your conveyancer should be on the banks panel to avoid supplemental fees and delays. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved lawyer for your home move in Chepstow
Why do Chepstow conveyancing charges are higher for leasehold and freehold properties?
When purchasing a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control