Can you explain why leasehold purchase conveyancing in St Andrews costs more?

The conveyancing fees for a leasehold premises in St Andrews is often higher as compared to a freehold property. This is due to the additional work required in liaising with the freeholder and managing agents to obtain evidence about whether the rent and maintenance charges have been discharged and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.

How does conveyancing in St Andrews differ for newly converted properties?

Most buyers of new build or newly converted property in St Andrews come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in St Andrews usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in St Andrews or who has acted in the same development.

I decided to have a survey completed on a property in St Andrews before appointing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some banks will not give a loan on this type of property.

It depends who your proposed lender is. Santander has different requirements for example to Halifax. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in St Andrews. Conveyancing will be smoother if you use a solicitor in St Andrews especially if they are accustomed to such properties in St Andrews.

What does commercial conveyancing in St Andrews cover?

Non domestic conveyancing in St Andrews covers a wide array of services, supplied by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

Some months ago I was informed by my lender that their panel lawyers operate no move no fee basis for conveyancing in St Andrews. I had a purchase fall through yet the conveyancers have requested search fees! They say the fees are nothing to do with their fees!

in offering "no move no fee" St Andrews conveyancing lawyers are writing off their fees for any work conducted. We should make it clear that this is NOT an insurance scheme. you will still need to pay for any charges that the conveyancing practitioner has expended for you for instance St Andrews local authority searches