I sincerely hope you can help me. My Chantry solicitor is assuring me that he has toorder Chantry conveyancing searches asthe firm are on the Lloydsconveyancing panel. These Chantry searches cost a lot of money can this be avoided?

You have limited options available to you. Given that you are taking out a loan with a lender your conveyancing practitioner has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Chantry conveyancing searches.

What is the optimum way to discover of the solicitor carrying out my conveyancing in Chantry is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus paying £192.00 in further legal fees.

You should take advantage of the search tool on this web page. Please choose the mortgage company and type ‘Chantry’ or your preferred area and you will see a number of lawyer located in Chantry or by proximity to you.

Over the last few months I have been searching for a flat up to £235,500 and found one close by in Chantry I like with a park and station nearby, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Chantry suitable, so just wondered if I would be making a mistake buying a short lease?

If you require a mortgage that many years may be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.

I'm converting the mortgage on my current property to a BTL loan with Alliance & Leicester and intend to use the remaining equity as a deposit on further property. The neighborhood we are talking about is Chantry. Will your solicitors be able to act for both sets of banks and link together the conveyances?

Make use of our comparison tool on this page to be sure that the solicitors are approved by both lenders. On the basis that they are your solicitor should be able to tie up the two transactions but you should have a chat with you conveyancer and make apparent your desired outcome and requirements.

We have had DIP from Leeds Building Society who indicated we could borrow up to £400k. When do we need to appoint a lawyer for conveyancing? Chantry is where we are purchasing.

You can instruct a solicitor now so that the lawyer can open the ledger so they can conduct their AML checks etc. As and when you wish them to commence work they will seek a payment on account usually approximately £175. That would generally be after you have the loan offer from the bank and survey report, nevertheless should you want to expedite matters you can start sooner even though you may be risking some expense.