Am I correct in assuming that the fact that my solicitor in Chiseldon is not on my bank's conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Chiseldon conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
We are a couple about to sign contracts for a property in Chiseldon. We encountered a stumbling block. The mortgage offer with Halifax expires on 15/1/2025 but the owners are insisting on a completion date of 17/1/2025. Can one extend the mortgage expiry date?
The person best placed to address this question is your solicitors who should assess if he or she is corresponding with the mortgage company, owner’s lawyers, property agents or indeed all parties taking into account the history of your conveyancing as of today.
It is is a decade since I bought my property in Chiseldon. Conveyancing solicitors have now been appointed on the sale but I am unable to track down my title deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be with your mortgage company or they may be archived with the solicitor who handled your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Chiseldon involves registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.
five months have elapsed following my purchase conveyancing in Chiseldon completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a leasehold apartment up to £245,000 and identified one close by in Chiseldon I like with a park and transport links nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Chiseldon in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
Are there any apps to assist me to search for a Chiseldon law firm on the Chelsea Building Society conveyancing panel? I have wheels and am willing to travel upto 10miles to meet the solicitor.
You can use the facility on this website. Please select a bank and your location and you will see a number of Chiseldon conveyancing lawyers located nearest you. We have detailed some Chiseldon conveyancing firms towards the end of this page and you can telephone them to check if they are on the Chelsea Building Society approved list