I am obtaining a mortgage with Lloyds. My intention is to retain the legal services of a Licensed Conveyancer in Chorley. Does the Lloyds Solicitor panel exclude conveyancers regulated by the CLC?
The Lloyds conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am under pressure from the mortgagee in possession of a property in Chorley to complete within four weeks. What can I do to expedite matters?
First, If the seller is applying time constraints to complete it is advisable to make sure that your solicitor is familiar with the location as they will have local connections and knowledge. It is possible that they would have transacted previoushomes in the same road. Therefore consider using a Chorley conveyancing firm. In addition, double check that the lawyer is on the on the approved list for your mortgage company. It is claimed that 18% of Chorley conveyancing deals are suspended or derailed after finding out that a purchaser’s solicitor was not on their banks list of approved solicitors. This can often result in the conveyancing being held up by an average of 21 days. It is said that this issue affects in the region of one hundred thousand home sales every year. Many Chorley conveyancing firms can not represent certain lenders so do check at the outset.
We're in Chorley, FTBs purchasing with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I bought my home on 16 October and my personal details is not yet registered. Any reason for this? My conveyancing solicitor in Chorley expressed confidence that it should be registered in a couple of weeks. Are titles in Chorley uniquely lengthy to register?
As far as conveyancing in Chorley registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can adjust according to the party submitting the application, whether it is in order and if the Land registry need to notify any other persons or bodies. Currently roughly 80% of submission are fully dealt with in less than three weeks but some can be subject to protracted hold-ups. Registration occurs after the purchaser has moved in to the premises thus 'speed' is not always primary concern but where there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
I have been advised by numerous selling agents in Chorley to find a solicitor using your seach tool. Is there a financial inducement for Estate Agents to market your services rather than alternative conveyancing organisations?
We don’t make any commission for sending work in our direction. We thought it would be too underhand a fee because home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
A licensed conveyancer dealt with my conveyancing in Chorley 5 years past having stored my deeds but has now closed – What steps do I now take to get hold of them?
Title deeds, as such, no longer exist as most properties in Chorley are recorded electronically at Land Registry. Should you need to prove evidence of proprietorship or are selling or refinancing your conveyancing practitioner will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.