We note that you have a post code search directory listing firms on the Co-operative conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Cawthorne?

We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cawthorne.

Over the last few months I have been searching for a flat up to £305k and found one round the corner in Cawthorne I like with a park and railway links nearby, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Cawthorne for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.

I'm converting the mortgage on my current property to a BTL mortgage with Nationwide Building Society and I will use the ballance of the raised equity as a deposit on another property. The neighborhood we are interested in is Cawthorne. Will your lawyers be able to act for the two banks and link together the conveyances?

Make use of our comparison tool on this page to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your conveyancer will be able to simultaneously deal with the two transactions but you should talk with you solicitor and make apparent your expectations and needs.

Do you have any advice for leasehold conveyancing in Cawthorne from the perspective of speeding up the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Cawthorne can be reduced where you instruct lawyers the minute your agents start marketing the property and request that they start to put together the leasehold documentation needed by the buyers’ conveyancers.
If there is a history of conflict with your landlord or managing agents it is essential that these are settled prior to the flat being put on the market. The purchasers and their solicitors will be reluctant to purchase a flat 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 are still duty bound to disclose particulars of the dispute to the buyers, but it is clearly preferable to reveal the dispute as historic rather than unresolved. A minority of Cawthorne leases require Licence to Assign from the landlord. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers. The majority of freeholders or Management Companies in Cawthorne levy fees for providing management packs for a leasehold home. You or your lawyers should enquire as to the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Cawthorne.

Leasehold Conveyancing in Cawthorne - Sample of Queries before Purchasing

What is the the remaining lease term? Does the lease contain onerous restrictions? Is anyone aware of any major works in the near future that could increase the maintenance fees?

I am buying a garden maisonette in Cawthorne. Conveyancing solicitor has been awaiting, from the owner, building insurance paperwork. Earlier today I was informed that the owner must forward the insurance documents for the flat above in addition. Why would my conveyancing practitioner need to review the insurance for the other flat? Is it really necessary? We have been in hold for the last fortnight…

It is not unheard of in leasehold conveyancing in Cawthorne to find Conveyancing in Cawthorne in a minority of cases reveals that the lease obliges the leasehold owners to insure their individual flats as opposed to the freeholder insuring the complete block - which is definitely preferable. Do check with your conveyancer but it would appear that your conveyancer is seeking to establish that the complete building is insured. Insuring your apartment is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt due to lack of insurance cover.