When does exchange of contracts occur in residential conveyancing in Poynton and am I required to be at the lawyers branch?
If you are local to one of the conveyancing solicitors in Poynton you are invited in to sign contracts. That being said, the lender approved solicitors we work with supply countrywide coverage for conveyancing and give just as detailed and professional a job for you when dealing with you digitally. The executing of the contract is not the point of no return. Signing on the dotted line is just a prerequisite for the solicitor to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Poynton)to be in the office at the appropriate time.
My apartment in Poynton is up for sale and I have accepted an offer. Will my conveyancing practitioner have to be required to be on the Santander conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Santander conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
3 months have elapsed since my purchase conveyancing in Poynton concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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 residence 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 have been on the look out for a ground for flat up to £195,000 and found one near me in Poynton I like with a park and railway links nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Poynton for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you require a home loan that many years will be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
Your search tool is useful but there are many lawyers listed near Poynton being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the lender approved panel?
We do not recommend specific Poynton firms as the right Poynton conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Poynton knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..