Should conveyancers request money up-front for my conveyancing in Penryn?

If you are buying a property in Penryn your lawyer will request that you to provide them with funds to cover the search fees. Generally this is asked for to cover the fees of the conveyancing searches. If any down payment is payable against the purchase price then this should be required shortly prior to exchange of contracts. Any further balance that is due will be payable a few days prior to the day of completion.

Are there restrictive covenants that are commonly identified as part of conveyancing in Penryn?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Penryn. 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 decided to have a survey carried out on a property in Penryn ahead of appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some banks may refuse to give a loan on a flying freehold premises.

It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Penryn. Conveyancing will be smoother if you use a solicitor in Penryn especially if they are familiar with such properties in Penryn.

I need to instruct a conveyancing solicitor for leasehold conveyancing in Penryn. I have chance upon a web site which seems to have the ideal answer If it is possible to get all the legals completed via phone that would be preferable. Should I be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

We are in the throes of a leasehold sale of a flat in Penryn. Conveyancing is fine but we have been asked to pay a fortune from the freeholder. So far we have issued a cheque for £275 for a leasehold management information and then a further £118 for responses to queries raised by the buyers conveyancer.

You will not have any say over the level of the bill for this information but the typical costs for the information for Penryn leasehold premises is £350. For Penryn conveyancing deals it is conventional for the owner to cover the costs. The landlord or their agents are under no statutory obligation to answer these questions although many will agree to do so - albeit often at high prices out of proportion to the work involved. Regretfully there is no statute that requires set charges for administrative tasks. There is no prescriptive time limit by which they are required to supply answers.