AssumingI were to buy a straightforward homein St Bees for cash and have no survey and no local authority searches how much should I expect to to save on my conveyancing in St Bees?

Any savings you would gain will be isolated to the St Bees conveyancing searches. The property lawyer is obliged to do the vast majority of work - money laundering, communicating with your sellers conveyancer, stamp duty submission, register the property etc. You might save a bit for them not having to register a charge but it won't be a lot.

What does my ID and proof of funds have anything to do with my conveyancing in St Bees? What am I being asked for?

Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with before they can accept their conveyancing retainer. The Client Care letter that you need to sign should confirm this. Your lender will also require certain documents to be checked. Where you refuse to supply identification documents, your conveyancer can not take you on as a client.

What can a local search reveal concerning the house we're buying in St Bees?

St Bees conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for example Searchflow The local search is essential in every St Bees conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search should supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.

Hoping to buy a property located in St Bees and I am already nervous. I couldn't find anything specific about St Bees. Conveyancing will be needed in due course but do you know about the St Bees area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at St Bees. In the meantime here are some basic statistics that we found

I've recently bought a leasehold property in St Bees. Am I liable to pay service charges for periods before my ownership?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I inherited a basement flat in St Bees, conveyancing having been completed January 1999. Can you work out an approximate cost of a lease extension? Equivalent properties in St Bees with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease expires on 21st October 2091

With just 66 years left to run the likely cost is going to range between £11,400 and £13,200 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.