I'm in the process of porting my current residential home loan to a Buy to Let Chelsea Building Society mortgage. I was told by my mortgage that I must appoint a lawyer for this. I spoke to my previous Kingsley conveyancing solicitor who who did the conveyancing when I first purchased the property. The fee estimate provided of £470 has shocked me as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The costs illustration is slightly on the high side. If you are willing to invest time comparing quotes you might decrease the fees slightly by say £125. That being said, if you were satisfied with the service the firm offered you maylive to rue opting for an an unknown conveyancer. Remember to check that the firm can represent Chelsea Building Society. You can use our search tool to choose a Kingsley conveyancing firm on the Chelsea Building Society approved list of lawyers, which can often include conveyancing solicitors in Kingsley.
We are looking to buy a property and require a conveyancing solicitor in Kingsley who is on the Co-operative conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Kingsley.
We're in Kingsley, First time buyers buying with a mortgage (lender is Yorkshire BS , and our lawyer is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor 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.
is it true that all Kingsley solicitor firms on the Clydesdale conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Clydesdale conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some lenders do list licenced conveyancers on their panel and in that case the firms would be governed by the CLC.
I am expecting a DIP from Principality this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Principality recommend any Kingsley solicitors on the Principality conveyancing panel, or is it better to go independently?
You will need to appoint Kingsley solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.
I had an offer accepted on a property in Kingsley on 15/4/2025, valuation was booked 4 days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Are HSBC entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly identified during conveyancing in Kingsley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Kingsley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in Kingsley with the aid of help to buy. The builders refused to move on the price so I negotiated 6k of additionals instead. The house builders rep suggested that I not to tell my solicitor about this extras as it could jeopardize my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.