I am in the throes of transferring my current homeowner mortgage to a BTL Lloyds TSB Bank mortgage. I have been informed by my broker that I must appoint a lawyer as part of the process. I got in contact with the same Penistone conveyancing firm who acted on my behalf when I previously acquired the house. The fee calculation they've given of £450 plus VAT has surprised me as its a remortgage than a sale or purchase.

The estimate does seem a little overpriced. If you shop around you might reduce the fees marginally by perhaps £100 plus VAT. On the other hand, assuming were satisfied with the conveyancing the firm gave you maycome to rue choosing an an untested lawyer. Don't forget to enquire that the solicitor can act for Lloyds TSB Bank. You can utilise our search tool to locate a Penistone conveyancing firm on the Lloyds TSB Bank approved list of lawyers, which can often include conveyancing solicitors in Penistone.

Just had an offer accepted on a new build flat in Penistone. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Penistone

The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

As co-executor for the will of my aunt I am selling a house in Cardiff but I am based in Penistone. My solicitor (based 235 kilometers awayhas requested that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Penistone to attest and place their company stamp on the document?

strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Penistone based

I have just appointed agents to market my ground floor apartment in Penistone. Conveyancing solicitors are to be appointed soon, but I have recently received a yearly service charge demand – Do I pay up?

The sensible thing to do is pay the maintenance contribution as usual given that all rents and service invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Penistone Leasehold Conveyancing - A selection of Questions you should ask before Purchasing

The prefered form of lease structure is where the freehold title is in the ownership of the leaseholders. In this arrangement the leaseholders benefit from being in charge if their destiny and even though a managing agent is often retained if the building is larger than a house conversion, the managing agent retained by the leaseholders. Please note if it is no more than eighty years it will have adverse implications on the marketability of the property. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will probably have to extend the lease sooner rather than later and it is worth finding out how much this will be. Remember, in most cases you would be be obliged to have been the owner of the property for 24 months before you are eligible to extend the lease. Are any of leasehold owners in dispute over their service charge liability?

My financial adviser has recommended their conveyancer for the conveyancing in Penistone - Surely it’s easier to just instruct them?

This is not necessarily the case and you are entitled to instruct whichever property lawyer you prefer for your Penistone conveyancing. A conveyancer suggested by a 3rd party adviser may not necessarily be the right property lawyer, they may put forward their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.