Q and A’s regarding the The Chorley & District Building Society Solicitor Panel from members of the public
The solicitor I had intended to instruct on a remortgage said she would charge more if my mortgage is with The Chorley & District Building Society because of their difficult processes! Am I likely to be frustrated using The Chorley & District Building Society? Any comments will be appreciated
The Chorley & District Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the The Chorley & District Building Society conveyancing panel. If they are not, this does add further risk of delay as The Chorley & District Building Society will appoint their own solicitors to look after their interest.
Our grandson is purchasing a new build apartment with a mortgage from The Chorley & District Building Society. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the The Chorley & District Building Society conveyancing panel as a standard part of the process, and to the surveyor when asked.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the The Chorley & District Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have been looking for competitive conveyancing fees. Can I be sure that all the practices that are identified on your site are on the The Chorley & District Building Society conveyancing panel?
The law firms on our directory have advised us that they are on the The Chorley & District Building Society panel and agreed to advise us to take down their listing in the event of removal off of the The Chorley & District Building Society panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the The Chorley & District Building Society conveyancing panel is incorrect.
My uncle passed away six months ago and as sole heir and executor was left the property. The house had a small mortgage remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to The Chorley & District Building Society , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then The Chorley & District Building Society will insist on your using a conveyancer on the The Chorley & District Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your The Chorley & District Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the The Chorley & District Building Society mortgage is registered as a charge at the Land Registry.
When it comes to lenders such as The Chorley & District Building Society do solicitors have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
The for formalities of my purchase has taken place with a mortgage from The Chorley & District Building Society. Conveyancing was satisfactory but I feel I should register my dissatisfaction about The Chorley & District Building Society. How does one go about formally complaining?
All lenders have complaints procedures. Your first port of call should be one of the The Chorley & District Building Society branches or the Customer Care Team at The Chorley & District Building Society head office. In most cases complaints to The Chorley & District Building Society are sorted out effectively and efficiently. However if you are not satisfied that the matter is resolved you can write to the
Financial Ombudsman Service with full details of your complaint.
Intending to buy a house with a mortgage with The Chorley & District Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the The Chorley & District Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the The Chorley & District Building Society conveyancing panel
