I am need of leasehold conveyancing for a flat in a fairly new development (seven years built) in Marlow. 95% of the flats are already occupied. Is it strictly necessary to order neighbourhood searches for my conveyancing in Marlow?
You are putting yourself at risk in failing carrying out Marlow conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that your solicitor conducts them. Where speed and cost are top of your concerns you should discuss with your solicitor about the options such as indemnity insurance available to you
Is there a search tool that I can use to find out if the solicitor carrying out my conveyancing in Marlow is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Godiva Mortgages Ltd thus paying £187.00 plus VAT in further conveyancing bill.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Marlow’ or your location and you will see numerous conveyancers located in Marlow or by proximity to you.
I used Wolstenholmes a few years past for my conveyancing in Marlow. Now, I need the documents however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Marlow of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Taking into account that I will soon part with 450k on a two bedroom apartment in Marlow I would like to have a conversation with the lawyer regarding thehouse move before giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - we would be pleased to talk to you we do not take any clients on without you liaising with the solicitor due to be doing your conveyancing in Marlow.There is no ‘factory style conveyancing’ - every client is an important individual, not a case reference. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in Marlow should be the amount on the final invoice that you end up paying.
I work for a busy estate agent office in Marlow where we have witnessed a number of flat sales put at risk as a result of leases having less than 80 years remaining. I have received conflicting advice from local Marlow conveyancing solicitors. Can you clarify whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?
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. The benefit of this is 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 needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder 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 am the registered owner of a studio flat in Marlow, conveyancing was carried out October 2009. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Marlow with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease expires on 21st October 2089
With just 68 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 as well as legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the bank approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.