My partner and I are buying a new build apartment in Chorley and my conveyancer is informing me that she is duty bound to the mortgage company to disclose incentives from the builder. The Estate Agents are hassling me to exchange and I don't want to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
What is the first thing I need to know regarding purchase conveyancing in Chorley?
You may not hear this from too many lawyers but conveyancing in Chorley and elsewhere in Lancashire is an adversarial process. Put another way, when it comes to conveyancing there is plenty of room for conflict between you and others involved in the legal transfer of property. For example, the vendor, selling agent and even potentially the lender. Choosing a solicitor for your conveyancing in Chorley should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the transaction whose role it is to act in your best interests and to protect you.
There is a distinct ongoing adversarial element to conveyancing- someone must be at fault for the process taking so long. You should always trust your conveyancer ahead of the other players when it comes to the legal transfer of property.
I used Arc property Solicitors a few years ago for my conveyancing in Chorley. Now, I need my files but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chorley of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the encouragement of my in-laws I had a survey completed on a property in Chorley ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders tend refuse to grant a loan on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. If you contact us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chorley. Conveyancing may be slightly more expensive based on your lender's requirements.
What tools are available to search for a Chorley law firm on the Halifax conveyancing panel? I am a keen cyclist and am happy to travel upto 10kilometers to meet the solicitor.
You can use the facility on this page. Please pick a lender and your location and you will see a number of Chorley conveyancing lawyers locally. We have listed some Chorley conveyancing firms towards the end of this page and you can telephone them to see if they are on the Halifax panel
Been searching for a conveyancing practitioner for leasehold sale conveyancing in Chorley. I'm selling, uncomplicated no mortgage to redeem, no hurry, no onward purchase. Received a quote from a conveyancing practitioner for a thousand pounds including VAT which is a tad high considering its so straightforward. Can I pay less for conveyancing in Chorley?
Given that it’s a sale only, 475 + VAT is likely to be about the best for a Chorley solicitor firm.