I was recommended to a lawyer who has given a fee calculation of £1400 for freehold conveyancing in Marford. I’m hoping to downsize from a purpose built detached home for £125,000. This appears overpriced. Is it above the norm for conveyancing in Marford?

The charges are a little high. If you are willing to invest time contrasting prices you may be able to decrease the fees slightly by say a hundred pounds. That being said, you maycome to rue opting for an an untested lawyer. Don't forget to ensure the firm can act for your bank. Do utilise our search tool to get a quote a Marford conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Marford.

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

To satisfy the Money Laundering Regulations any Marford conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill showing where you live.

Under Money Laundering Regulations, conveyancers are required to investigate not just the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. An unwillingness to disclose this will lead to your lawyer cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers are duty bound to inform the relevant authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.

I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Marford is the location of the property. What do you suggest?

Flying freeholds in Marford are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Marford you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Marford may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I am looking for a conveyancing lawyer in Marford for my house move. Is there any facility to see a solicitor's record with the legal regulator?

You may review documented Solicitor Regulator Association (SRA) determinations arising from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training purposes.

I am employed by a busy estate agency in Marford where we have experienced a few flat sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local Marford conveyancing firms. Could you confirm whether the seller of a flat can instigate the lease extension formalities for the buyer?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I own a split level flat in Marford, conveyancing having been completed 5 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Marford with over 90 years remaining are worth £260,000. The ground rent is £45 levied per year. The lease expires on 21st October 2099

With 74 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 as well as legals.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.