The conveyancer who assisted with my previous purchase has quoted £1400 for leasehold conveyancing in Bolton. I am selling a modern property for £150,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in Bolton?

The estimate does seem a tad steep. Where you are prepared to invest time contrasting prices you might shave off some of the cost by say a hundred pounds. On the other hand, you mightlive to rue opting for an a cheaper lawyer. If is important to enquire the firm can also act for your lender. You can employ our search tool to select a Bolton conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Bolton.

I am considering remortgaging my home in Bolton, does my lawyer need to be on the Nottingham Solicitor panel?

There is nothing to stop you using your solicitor, but Nottingham will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

Will our lawyer be raising questions concerning flooding during the conveyancing in Bolton.

The risk of flooding is if increasing concern for solicitors dealing with homes in Bolton. There are those who purchase a property in Bolton, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.

Lawyers are not best placed to give advice on flood risk, but there are a various searches that can be initiated by the buyer or on a buyer’s behalf which will give them a better appreciation of the risks in Bolton. The conventional set of property information forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a usual question of the owner to discover if the property has ever been flooded. In the event that flooding has previously occurred and is not notified by the vendor, then a buyer may commence a legal claim for losses as a result of such an misleading reply. A purchaser’s solicitors should also conduct an environmental report. This will indicate whether there is any known flood risk. If so, further inquiries should be conducted.

Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who did the conveyancing in Bolton 5 years ago are no longer around. Will I be able to sell the house?

Nowadays there are copies made of almost everything, and your conveyancer should be aware precisely where to locate all the suitable paperwork so you may buy or dispose of your house without a hitch. Where copies are not available, your lawyer can arrange cover in the form of insurance or indemnities protecting you against future claims on the property.

Over the last few months I have been searching for a ground for flat up to £305k and found one round the corner in Bolton I like with a park and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Bolton suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a home loan that many years will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.