It is a dozen years since I acquired my property in Chorley. Conveyancing solicitors have recently been appointed on the sale but I am unable to track down my title deeds. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be with the lender or they may be archived with the lawyers who oversaw the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Most conveyancing in Chorley involves registered property but in the unlikely event that your property is not registered it is more of a problem but is not insurmountable.
The Chorley conveyancing firm that just started acting on my purchase in Chorley have suddenly closed. They were on acting for me because I had to have a solicitor on the Leeds Building Society conveyancing panel and my preferred Chorley lawyer was not. I paid them funds in advance. What are my options?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Leeds Building Society conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
I'm the only recipient of my late grandmother’s will with all property in now in my sole name, including the house in Chorley. The Chorley property was put into my name in April. I now wish to sell up. I understand that there is a CML 6 month 'rule', meaning my property ownership may be treated the same way as though I had purchased the house in April. Is the property unsalable for six months?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. many mortgage companies would take a sensible view as this clause principally exists to identify subsales or the quick reselling of property.
Is it the case that all Chorley solicitors on the Coventry BS conveyancing panel are governed by the SRA?
As a firm of solicitors, in order to be on the Coventry BS approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. The majority of mortgage companies do permit licenced conveyancers on their panel and in that case the firms would be overseen by the Council of Licensed Conveyancers.
Completion of my purchase has taken place for my property in Chorley. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I decided to have a survey done on a property in Chorley in advance of instructing conveyancers. I have been told that there is a flying freehold element to the house. My surveyor has said that some banks will refuse to issue a loan on this type of property.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you e-mail us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chorley. Conveyancing will be smoother if you use a solicitor in Chorley especially if they are acquainted with such properties in Chorley.
I am looking to sell my house. My previous lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Chorley if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Chorley. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am in the process of buying my first house in Chorley. Conveyancing solicitor already instructed. The mortgage adviser suggested that a survey is not necessary as the house was only constructed twenty two years ago.
The bare minimum you need a Home Buyer's Report. As the residence was built more than a decade ago the property will be without a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report could suffice. The report should highlight any apparent problems and suggest further investigation if relevant. Where there are any indications of problems get a full Building Survey from the beginning.