My wife and I are refinancing our maisonette in Chipstead with Clydesdale. We have a son 19 who lives at home. Our solicitor requested us to identify any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Clydesdale conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Clydesdale. This is solely used to protect Clydesdale if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Clydesdale had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Can I use your services to locate a Conveyancing solicitor in Chipstead even where I’m not buying or selling a house, for example if I wish to acquire an office in Chipstead with a loan from Virgin Money?
The service is primarily utilised to locate domestic conveyancing solicitors in Chipstead but we have set out at the end of this page some Chipstead commercial conveyancing firms. You will need to speak with the company directly to see if they can also act for Virgin Money
I had intended to instruct a conveyancing solicitor in Chipstead for our house move. Our broker informed us that our bank Barclays Direct won't deal with them. Why is this not regarded as unfair competition?
Before the recession most lenders had a different appetite for risk. Almost all Chipstead conveyancing firms would have been on many lender panels. The FSA in 2010 conducted a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms concerning their operations and their employees and establishing certain criteria such a completing on a minimum volume of conveyancing. Many Chipstead conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Chipstead is one of the numerous areas where the lawyers we list are members of the panel for Barclays Direct.
I am helping my niece sell her house in Chipstead. Will the conveyancing solicitor arrange the EPC or it is for the owner to see to?
After the demise of HIPs, energy assessments was maintained a required part of moving property. An EPC should be to hand in advance of the property being marketed. This is not as aspect of the sale process that solicitors ordinarily organise. If you are instructing a Chipstead conveyancing practitioner they may be able to arrange energy assessments due to their contacts with long established Chipstead providers
Is there a list of Nationwide panel solicitors in Chipstead on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the CML or Building Society Association sites. Very few mortgage companies make their panel listings available over the internet. Where you are looking for a Chipstead lawyer on the Nationwide please make the most of our facility.
Is it the case that all Chipstead solicitors on the Nationwide conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Nationwide approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be governed by the CLC.
We're first time buyers - had an offer accepted, but the estate agent informed us that the owners will only go ahead if we appoint their preferred conveyancers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer accustomed to conveyancing in Chipstead
It is unlikely the owners are behind this. If they desire ‘a quick sale', taking such a hostile approach to a genuine buyer is going to damage their objectives. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you intend to instruct your preferred Chipstead conveyancing firm - not the ones that will provide the estate agent a referral fee or achieve conveyancing figures pre-set by corporate headquarters.
Please can you refer me to a lawyer for buying a bungalow? Ideally someone in the Chipstead area, who will communicate via email - not someone who insists on a letter in the post or fax.
LenderPanel.com is limited to being a directory service for conveyancers who wish to be listed as being on the approved conveyancing panel for Clydesdale in certain areas such as Chipstead . Our intention is not to recommend any specific property lawyer.