We were about to choose a conveyancing solicitor in Macclesfield found by you but have come across alternative quotes on the internet appear cheaper – how come?

There are a variety of conveyancing outfits offering theoretically looks to be cut price. We would urge you to think twice about how important this transaction is to you that you are willing to take 'cheap' risks over the standard of the legal work. Some hide fees well inside the terms of business. The solicitors that we put forward for conveyancing in Macclesfield will notbehave this way.

My lawyer has uncovered a defect with the lease for the flat we are buying in Macclesfield. The seller’s lawyers have put forward title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancer has advised that he must ensure that the lender is happy with this solution. Who is the client here, us or the lender?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

Why is leasehold purchase conveyancing in Macclesfield is more expensive?

In short, leasehold conveyancing in Macclesfield and elsewhere usually requires more due diligence compared to freehold transactions. This includes reviewing the lease, communicating with the landlord about serving appropriate notices, securing current service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.

I'm buying a new build house in Macclesfield with a loan from Leeds Building Society. The builders would not reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not disclose to my solicitor about this side-deal as it will impact my loan with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I previously told by my bank that their approved solicitors work on no completion no charge basis for conveyancing in Macclesfield. I had a purchase abort and now the conveyancers want search fees! They say the fees are nothing to do with their fees!

By promising "no move no fee" Macclesfield conveyancing firms are foregoing their charges for any work carried out. We should point out that this is not to be regarded as an insurance scheme. you will still required to cover any charges that the solicitor has expended on your behalf for instance Macclesfield local authority searches