My wife and I are about to exchange buying a property in Chester but as a result of wreckage from some water damage at the property I have managed to agree recompense from the vendor of £3k taking the form of a reduction in the price. I had intended this to be addressed as part of the conveyancing process however RBS are not allowing this. Why were they informed?
Your conveyancer being on the RBS approved list is obliged to disclose to RBS of any variations to the sale price. If you were to refuse your property lawyer to disclose the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new property lawyer for your conveyancing in Chester.
We are buying a flat and require a conveyancing solicitor in Chester who is on the Clydesdale solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Clydesdale . We don't recommend any particular firms conducting conveyancing in Chester.
My grandfather passed away last year and as sole heir and executor I was left the house in Chester. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this possible?
Where you plan to refinance then Yorkshire BS will require that you use a conveyancer on the Yorkshire BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Yorkshire BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Yorkshire BS mortgage is registered as a charge at the Land Registry.
How does conveyancing in Chester differ for new build properties?
Most buyers of new build premises in Chester come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Chester tend to buy the site, 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 conveyancers 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 accustomed to new build conveyancing in Chester or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Chester is the location of the property. What do you suggest?
Flying freeholds in Chester are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chester you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chester may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My uncle has recommend that I appoint his conveyancers in Chester. Should I choose my own solicitor?
Much as we are happy to recommend a Chester conveyancing lawyer it’s preferable to find a conveyancing solicitor is to have recommendations from friends or relatives who have used the firm that you are are thinking of instructing.