I am in the throes of transferring my existing standard loan to a Buy to Let Leeds Building Society mortgage. I was told by my financial advisor that I need a conveyancer as part of the process. I had a chat my past South Molton conveyancing solicitor who dealt with the legals when I first purchased the property. The costs estimate supplied of £470 has surprised me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.

The charges seem a little high. If you shop around you might shave off some of the cost by perhaps £125. On the other hand, if you were pleased with the service the firm provided you maylive to rue opting for an a cheaper lawyer. Remember to enquire the firm can represent Leeds Building Society. You can utilise our search tool to select a South Molton conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in South Molton.

Do banks and building societies provide you with an approved list of South Molton conveyancing solicitors? How do you know who is on the Santander conveyancing panel?

South Molton conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.

Should commercial conveyancing searches reveal proposed roadworks that may impact a commercial site in South Molton?

Many commercial conveyancing solicitors in South Molton will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in South Molton. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in South Molton.

For each commercial conveyancing transaction in South Molton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to South Molton commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in South Molton.

Do you have any advice for leasehold conveyancing in South Molton with the intention of saving time on the sale process?

• A significant proportion of the delay in leasehold conveyancing in South Molton can be avoided if you appoint lawyers as soon as your agents start advertising the property and request that they start to collate the leasehold documentation needed by the purchasers’ lawyers.
If you have the benefit of shareholding in the Management Company, you should make sure that you are holding the original share certificate. Organising a re-issued share certificate can be a lengthy formality and frustrates many a South Molton conveyancing deal. If a new share is necessary, do contact the company director and secretary or managing agents (if relevant) for this sooner rather than later. If you have had any disputes with your landlord or managing agents it is very important that these are settled prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a property where there is a current dispute. You may need to swallow your pride and pay any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic as opposed to ongoing. You may think that you are aware of the number of years left on your lease but it would be wise to double-check via your conveyancers. A purchaser's lawyer will be unlikely to recommend their client to where the remaining number of years is below 80 years. It is therefore essential at an early stage that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale. If you have carried out any alterations to the premises would they have required Landlord’s permission? In particular have you installed wooden flooring? South Molton leases often stipulate that internal structural changes or addition of wooden flooring necessitate a licence from the Landlord approving such alterations. If you dont have the paperwork to hand do not contact the landlord without checking with your lawyer in the first instance.

I inherited a 1st floor flat in South Molton, conveyancing was carried out 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in South Molton with an extended lease are worth £201,000. The ground rent is £45 yearly. The lease comes to an end on 21st October 2089

With just 64 years unexpired the likely cost is going to be between £14,300 and £16,400 as well as costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.

Threeweeks into a sale of a flat in South Molton. Conveyancing is fine but we are being charged a fortune from the landlord. To date we have forked out £295.50 for a leasehold management pack and then another £134.40 for responses to queries raised by the buyers lawyer.

Your conveyancing practitioner will not have any impact over the level of the bill for this information but the typical costs for the information for South Molton leasehold premises is £355. When it comes to South Molton conveyancing deals it is conventional for the vendor to pay for these costs. The freeholder or their agents are not duty bound to answer such questions most will agree to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no statute that requires capped charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide the information.