I am selling my apartment in Macclesfield. Does the conveyancer have to be required to be on the RBS conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the RBS 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 in recent years.
3 months have elapsed following my purchase conveyancing in Macclesfield concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one close by in Macclesfield I like with open areas and station in the vicinity, however it only has 49 years on the lease. I can't really find anything else in Macclesfield in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a mortgage the shortness of the lease will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
I'm converting the mortgage on my existing property to a BTL loan with Santander and I will use the rest of the raised equity as a down payment on another property. The neighborhood we are talking about is Macclesfield. Will your conveyancers be able to act for the two banks and link together the conveyances?
Do use our search tool on this site to be sure that the conveyancers are on the appropriate lender panels. Having checked that they are the solicitor will be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and make apparent your expectations and needs.
My brother has suggested that I appoint his conveyancing solicitors in Macclesfield. Do I take his advice?
No doubt the ideal way to select a conveyancing solicitor is to get feedback from friends or family who have actually experience in using the firm you're are thinking of instructing.
I have today placed an offer on a leasehold flat in Macclesfield and the mortgage adviser that we are dealing with recommended his lawyer. They quoted £900 plus VAT and disbursements. Does this sound expensive?
Don't just go on one estimate. You should obtain like-for-like quotes for your conveyancing in Macclesfield. Then select one that you trust and crucially, is on the approved panel of the bank that you are sourcing your mortgage from.