I am buying property in Chard. My lawyer is not on the lender solicitor list. Is it possible for me to continue with my Chard conveyancing solicitor notwithstanding that they are not on the bank panel?

You will need to have a conveyancer to complete the formalities when you require a mortgage to purchase your property. The property lawyer will conduct all the relevant investigations on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. You may instruct a Chard solicitor of your choosing. Nevertheless, if the conveyancer appointed is not a member of the bank approved list additional charges will arise as separate legal representation will be required by them. Bank panel applications can be submitted, so if your solicitor has not in the past applied for membership they should do so.

The Chard conveyancing firm that just started acting on my house acquisition in Chard have suddenly closed. They were on acting for me because I had to have a solicitor on the Lloyds conveyancing panel and my family Chard lawyer was not. I gave my credit card details for them to take £195 for searches. What do I do now?

Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. 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 Lloyds 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.

4 months have gone by following my purchase conveyancing in Chard completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build apartment in Chard. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Chard

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

I am a sole trader wishing to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed fees for commercial conveyancing in Chard for below 1500k?

We can recommend firms who host a wealth of experience of commercial conveyancing in Chard, including the sale and acquisition of businesses as well as simply premises. Whether you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. As for the costs this will depend on the structure and heads of terms of the deal. Let us have your details or call us so that we can supply you with a fixed commercial conveyancing calculation.