Just contacted my conveyancing solicitor in Penistone who acted for me two years ago and wanted a conveyancing costs illustration based on the same type of home move (a leasehold property and a freehold property) of similar values with a mortgage from Skipton Building Society. It looks as though am now being charged double. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The estimate does seem a tad on the high side. If you you were to look around you could get the conveyancing a bit cheaper by say £125. On the other hand, if you were happy with the conveyancing the firm provided you mightcome to regret choosing an an unknown solicitor. Don't forget to enquire that the firm can also act for Skipton Building Society. You can make use of our search tool to locate a Penistone conveyancing firm on the Skipton Building Society approved list of lawyers, which can often include conveyancing solicitors in Penistone.
We are a couple about to exchange contracts for a garden flat in Penistone. We have hit a stumbling block. Our loan offer with Nottingham Building Society runs out on 25/2/2026 but the vendors are suggesting a completion date of 27/2/2026. Can one extend the loan expiry date?
The person best placed to address this question is your lawyer who will hopefully determine if they better off negotiating with the mortgage broker, seller’s lawyers, estate agents or conceivably all parties based on the history of your transaction as of today.
In what way does my ID and proof of funds have anything to do with my conveyancing in Penistone? Is this really warranted?
It is indeed that case that these requests have nothing to do with conveyancing in Penistone. However these days you will not be able to complete any conveyancing deal if you have not providing evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a utility bill. Remember if you are supplying your driving licence as evidence of ID it must be both the paper section as well as the photo card part, one is not acceptable without the other.
Proof of your origin of monies is necessary under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancing solicitor must have this information on file. Your Penistone conveyancing practitioner will need to see evidence of proof of funds prior to accepting any money from you into their client account and they should also ask further questions regarding the source of monies.
Can I be sure that the Penistone conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Penistone seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the solicitor carrying out your conveyancing.
We have a mortgage agreed in principle with Principality. Penistone conveyancing solicitors are selected. How long does it take for Principality to issue the offer to the lawyer?
Some lenders take longer than others. Have Principality done the valuation? Have you advised Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I've digested plenty of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Penistone solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Penistone surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Hoping to buy a property located in Penistone and I am already nervous. I couldn't find anything specific about Penistone. Conveyancing will be needed in due course but do you know about the Penistone area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Penistone. In the meantime here are some basic statistics that we found
Completion is due on the sale of our £200,000 flat in Penistone in 5 days. The management company has quoted £408 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Penistone?
For most leasehold sales in Penistone conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
-
Answering pre-contract questions
Where consent is required before sale in Penistone
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a ground floor flat in Penistone, conveyancing was carried out in 2005. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Penistone with a long lease are worth £260,000. The ground rent is £45 yearly. The lease terminates on 21st October 2099
With just 74 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.