My IFA has asked me for my Prestbury lawyer’ panel reference for the Santander conveyancing panel. What is the best way to discover this. I have contacted my local Prestbury office but they don't know it.

You are best placed to get this information from your Prestbury property lawyer . They should have a central record lender panel numbers.

I purchased a freehold residence in Prestbury yet charged rent, why is this and what is this?

It’s unusual for properties in Prestbury and has limited impact for conveyancing in Prestbury but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.

Is there a list of Principality panel solicitors in Prestbury on the Building Society Association’s Website?

Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. A small selection of lenders make their panel listings visible online. If you are seeking to appoint a Prestbury lawyer on the Principality please use our facility.

We previously selected solicitors with offices in Prestbury on the Yorkshire BS solicitor panel. They have just invoiced me a supplemental charge for the legal aspects of the Yorkshire BS mortgage. Is this an additional conveyancing fee specified by Yorkshire BS?

As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your solicitor may levy a fee for this. This charge is not dictated by Yorkshire BS but by your Prestbury property lawyer. Some firms on the Yorkshire BS panel will charge an ‘acting for lender’ fee but many practices incorporate it on their overall fee.

My partner and I are in the process of looking at flats in Prestbury and I am about to put in an offer. Is it wise to have my solicitor on ‘stand by’? I am planning to take a home loan with Barclays.

It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are obtaining a mortgage with Barclays, make sure you remember to check that your lawyer is on the Barclays conveyancing panel.

How does conveyancing in Prestbury differ for new build properties?

Most buyers of new build premises in Prestbury come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is finished. This is because house builders in Prestbury usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Prestbury or who has acted in the same development.

What is the best way to find the right lawyer for my conveyancing in Prestbury ?

First ask the people you trust who they would recommend. Second, look on the internet for conveyancing in Prestbury. Call two or three from the list and request that they send you their conveyancing estimate and discuss your needs with the solicitor who will conduct your conveyancing before you make your decision. Option 3 is to use our search tool to assist you in finding the right lawyers for you based on your unique factors including location,speed, complexity and who your intended mortgage company is.Avoid the trap of appointing lowest cost conveyancing solicitors in Prestbury