I have just started taking steps with the intention of transferring my current homeowner home loan to a BTL Santander mortgage. I have been informed by my broker that I must appoint a conveyancer as part of the process. I spoke to the same Leek conveyancing practitioner who who conducted the conveyancing when I initially purchased the property. The fee calculation e-mailed to me of just over five hundred pounds has shocked me as its a remortgage than a sale or purchase.

The charges appear a little high. If you shop around you might get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, if you were happy with the legal work the firm gave you couldlive to rue choosing an an untested solicitor. Remember to be sure that the conveyancer can represent Santander. You can use our search tool to find a Leek conveyancing firm on the Santander member panel, which can often include conveyancing solicitors in Leek.

I am need of leasehold conveyancing for a flat in a relatively new development (five years built) in Leek. Almost all the flats are already disposed of. Do I need carry out the conveyancing searches for my conveyancing in Leek?

You are putting yourself at risk in failing carrying out Leek conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that your solicitor conducts them. If speed and price are top of your concerns you should consider with your conveyancer about the options such as contingency insurance available to you

I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a simple, no chain conveyancing. Leek is where the house is located. Can you offer any guidance?

Flying freeholds in Leek are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Leek you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leek may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

We expect to complete the sale of our £175,000 flat in Leek next Monday. The landlords agents has quoted £396 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Leek?

Leek conveyancing on leasehold maisonettes normally necessitates the buyer’s lawyer submitting questions for the landlord to address. Although the landlord is under no legal obligation to address these enquiries most will be content to do so. They are at liberty to levy a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is £350, in some cases it is in excess of £800. The administration charge invoiced by the landlord must be sent together with a synopsis of rights and obligations in respect of administration fees, without which the invoice is not strictly payable. In reality one has no option but to pay whatever is demanded should you wish to exchange contracts with the buyer.

Leek Leasehold Conveyancing - Examples of Questions you should consider Prior to Purchasing

Is there a share of the freehold? Be sure to investigate if there are any onerous restrictions in the lease. For example it is very common in Leek leases that pets are not allowed in certain buildings in Leek. If you like the apartmentin Leek but your cat is not allowed to live with you then you will be faced hard decision. The prefered form of lease structure is a share of the freehold. In this arrangement the leaseholders benefit from control and although a managing agent is frequently retained where it is larger than a house conversion, the managing agent retained by the leaseholders.

Your search tool is useful but there are many lawyers listed near Leek being on the mortgage company conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our mortgage company?

We are not in the business of recommending one firm above another as the right Leek conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Leek knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..