We are soon to exchange buying a house in Poynton but as a consequence of wreckage from a small fire at the property I have was able negotiate recompense from the seller of three thousand pounds by way of a adjustment in the price. This was going to be addressed as part of amending the contract but UBS will not permit this. Why were they approached?
Any property lawyer being on a UBS conveyancing panel is duty bound to inform UBS of any changes to the sale price. If you were to refuse your lawyer to disclose the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in Poynton.
My mortgage company has suggested a law firm on their panel based in Poynton but I would rather instruct a conveyancing lawyer in Poynton or nearer to where I live. Can you help?
The minority of Poynton conveyancing practitioners are on all lender’s conveyancing panel. Do make use of our search tool to find a Poynton conveyancing solicitor on the on the bank panel.
A colleague pointed out to me me that in buying a property in Poynton there may be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
There are anumerous of properties in Poynton which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Poynton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm spending time viewing flats in Poynton and I am now considering a potential offer. Should I already have a lawyer appointed at this stage? I will be getting a mortgage with HSBC.
It would be sensible to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are getting a mortgage with HSBC, ask your prospective lawyers if they are on the HSBC conveyancing panel otherwise they can't do the mortgage legal work.
I have instructed a Poynton conveyancing practitioner having made sure that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Poynton postcode. As you are getting a mortgage with UBS, you could contact them to see if they have a list of approved surveyors in Poynton.
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Poynton?
Unless a previous acquisition of the premises took place post 12 October 2013 you may assume that conveyancing practitioners conducting conveyancing in Poynton to remain recommending a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Poynton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Poynton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I was advised by a few property agents in Poynton to locate a property lawyer on your site. What’s the financial incentive for Estate Agents to offer your services over alternative conveyancing organisations?
We don’t make any referral fee for sending work in our direction. We thought it would be too underhand a fee as members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.