I have been told that property searches are a common reason for stalling in Trafford Park conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of slowing down conveyancing in Trafford Park.

I used Stirling Law several years ago for my conveyancing in Trafford Park. Now, I need my files however the law firm is no longer operating. What do I do?

Do contact the Solicitors Regulatory Authority (SRA) to help locate 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 Trafford Park of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I have been pointed in your direction by numerous selling agents in Trafford Park to get a quote from a solicitor on your site. Is there a financial incentive for Estate Agents to recommend your lawyers ahead of alternative conveyancing organisations?

We don’t offer any commission for sending work to this site. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

Estate agents have just been given the go-ahead to market my ground floor apartment in Trafford Park. Conveyancing lawyers have not yet been instructed, however I have just had a quarterly service charge demand – Do I pay up?

It best that you discharge the maintenance contribution as usual as all ground rent and service payments will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I purchased a basement flat in Trafford Park, conveyancing formalities finalised October 2002. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Trafford Park with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 per annum. The lease runs out on 21st October 2084

With 60 years remaining on your lease we estimate the premium for your lease extension to range between £20,000 and £23,000 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.

My husband and I have had DIP from Bank of Ireland who indicated that they will loan up to £300k. At what point do I need to instruct a practitioner for conveyancing? Trafford Park is where we are .

It would be wise to appoint a solicitor now and ask them to create a file for you. This will facilitate: 1) the estate agent to send out the Sales Memorandum to the relevant parties 2) the seller’s property lawyer to send out the draft contract. That being said, do not instruct your conveyancing practitioner to order searches until you have your valuation report from Bank of Ireland and you are willing to proceed.