It has come to my attention via my estate agent that my Chester the law firm I have appointed is not on the lender Conveyancing panel. How can I check?
Your first step should be to call your Chester lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
Can I use your services to locate a Conveyancing solicitor in Chester even where I’m not purchasing or disposing of a house, for example if I intend to buy a shop in Chester with a mortgage from Barclays ?
Our search tool is primarily utilised to get a quote from domestic conveyancing solicitors in Chester but we have set out towards the end of this page a few Chester commercial conveyancing firms. You will need to enquire with the solicitors directly to see if they can also act for Barclays
I have justbeen informed that Stirling Law have been shut down. They conducted my conveyancing in Chester for a purchase of a freehold house 10 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The easiest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chester conveyancing specialists.
Hoping to buy a property located in Chester and I am already nervous. I couldn't find anything specific about Chester. Conveyancing will be needed in due course but do you know about the Chester area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Chester. In the meantime here are some basic statistics that we found
I am tempted by the attractive purchase price for a couple of apartments in Chester which have in the region of fifty years unexpired on the lease term. Do I need to be concerned?
There are plenty of short leases in Chester. The lease is a legal document that entitles you to use the premises for a period of time. As a lease gets shorter the value of the lease reduces and results in it becoming more expensive to extend the lease. For this reason it is advisable to extend the lease term. It is often difficult to sell a property with a short lease because mortgage lenders may be unwilling to lend money on such properties. Lease extension can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this area.
Leasehold Conveyancing in Chester - Sample of Queries Prior to Purchasing
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Are there any major works anticipated that will likely increase the maintenance costs? How much is the annual maintenance fee and ground rent? This information is important as a) areas could result in problems in the building as the common areas may start to deteriorate if maintenance are not paid for b) if the leaseholders have a dispute with the managing agents you will wish to know about it
My 20yr old son is embarking on her first house purchase, the home loan was agreed last week in principle. After the offer was accepted on apartment we called the mortgage institution to issue the formal offer. We were disappointed to hear that banks do not accept all property lawyer, they need to be on their approved list, is this right?
Banks tend to imposes restrictions either the type or the number of conveyancing practices on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Chester conveyancer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.