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Ready to buy a new home? Failing to check that a lawyer is on the list of approved solicitors can put your transaction at risk of delay or failure.
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Examples of recent questions relating to the Chesham Building Society Conveyancing Panel
I have been advised by my broker that I have to pay Chesham Building Society fees if I use my own solicitor. How good are the Chesham Building Society conveyancing panel solicitors? I dont care which law firm I use provided that they are good and reasonably priced. Are there any Chesham Building Society conveyancers you'd recommend?
Chesham Building Society’s conveyancing panel is pretty large so your best bet is just to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Chesham Building Society will allow to act for them.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Chesham Building Society will not agree to this. Why was Chesham Building Society even consulted?
Your lawyer being on the Chesham Building Society conveyancing panel is duty bound to inform Chesham Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Chesham Building Society then they would have to discontinue acting for you and Chesham Building Society.
Are the lawyers identified as being on the Chesham Building Society conveyancing panel, together with their details provided by Chesham Building Society?
The law firm practices themselves provide us confirmation that they are on the Chesham Building Society conveyancing panel as opposed to being supplied with a list from Chesham Building Society directly.
My solicitors in Manchester have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with Chesham Building Society. Is it case that being on the Chesham Building Society conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Chesham Building Society Conveyancing Panel Terms. It might be worth you contacting Chesham Building Society directly.
How can we tell if a solicitor on the Chesham Building Society panel is any good?
seeking recommendations is a good start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer handling your transaction
We are getting a further advance on our mortgage from Chesham Building Society as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Chesham Building Society conveyancing panel to deal with the paperwork?
Chesham Building Society would not normally instruct firms on their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Chesham Building Society panel
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date . I have called Chesham Building Society on numerous occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Chesham Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Chesham Building Society panel she or he must comply with the CML Handbook requirements for Chesham Building Society. Unless your lawyer obtains specific confirmation in writing that Chesham Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Chesham Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.