My husband and I are buying residence in Macclesfield. My Solicitor has never been on on the mortgage company solicitor list. Can I still continue with my Macclesfield conveyancing solicitor even though they are excluded from the mortgage company panel of approved conveyancing solicitors?
One will need to use a lawyer to complete the formalities if you take out a loan to buy your home. The conveyancer will conduct all the appropriate investigations on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage documentation is dealt with. You can select a Macclesfield conveyancer of your choice. However, if the lawyer selected is not on the bank solicitor panel supplemental costs will be levied as separate legal representation will be need by the bank. Bank panel applications can be submitted, so provided your lawyer has not previously sought membership they can do so.
I am considering applying for a UBS mortgage for purchase of a new build (under development) in Macclesfield with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for UBS ?
In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Do commercial conveyancing searches reveal impending roadworks that may affect a commercial premises in Macclesfield?
Many commercial conveyancing solicitors in Macclesfield will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Macclesfield. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Macclesfield.
For every commercial conveyancing transaction in Macclesfield it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Macclesfield commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Macclesfield.
I was pointed in your direction by a few selling agents in Macclesfield to locate a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to recommend your services over and above alternative conveyancing organisations?
We refuse to offer any commission for directing people in our direction. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
Am I best advised to choose a Macclesfield conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can execute the conveyancing but they are based 300kilometers away.
The benefit of a high street Macclesfield conveyancing firm is that you can visit the firm to execute paperwork, present your identification documents and apply pressure on them if necessary. Having local Macclesfield know how is a bonus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and on the whole were impressed that should surpass using an unfamiliar Macclesfield conveyancing lawyer solely due to them being based in the area.