Our family solicitor has sent a quote for £1200 for freehold conveyancing in Boreham. I am looking to sell a Georgian property for £225,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Boreham?

The estimate does seem a tad steep. If you are prepared to expend time contrasting fee on a like for like basis you could trim some of the expense by as much as £100 plus VAT. That being said, you couldlive to rue opting for an a cheaper lawyer. Don't forget to be sure that the firm can represent your bank. Do employ our search tool to select a Boreham conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Boreham.

Completed the sale of my flat in Boreham last December yet the purchaser is Skype messaging every few hours complaining that her lawyer needs to hear from mylawyer. What are the post completion sale formalities following completion?

Post completion of your house sale your lawyer is obliged to send the transfer documentation and all additional paperwork to the buyer’s solicitors. Where appropriate, your lawyer should also send confirmation that the legal charge in favour of the lender has been repaid to the purchasers solicitors. There are no post completion requirements just for conveyancing in Boreham.

The Boreham conveyancing firm that I recently instructed on my house acquisition in Boreham have without warning closed. I chose them because I had to have a lawyer on the Virgin Money conveyancing panel and my previous Boreham lawyer was not. I wrote them a cheque for two hundred pounds in advance. What should be my next steps?

If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Virgin Money conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.

I have justbeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Boreham for a purchase of a leasehold apartment 9 months ago. How can I be sure that the property is in my name in the name of the former proprietor?

The quickest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Boreham conveyancing specialists.

I am looking at a couple of apartments in Boreham which have in the region of 50 years unexpired on the lease term. Will this present a problem?

There are plenty of short leases in Boreham. The lease is a legal document that entitles you to use the premises for a period of time. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more expensive to extend the lease. This is why it is generally wise to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on such properties. Lease extension can be a difficult process. We recommend you seek professional help from a conveyancer and surveyor with experience in this area.

Boreham Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to buying

How much is the yearly maintenance fee and ground rent? If a Boreham lease has less than eighty years it will affect the salability of the flat. It is worth checking with your mortgage company that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease at some point and it is worth discovering what this will be. For most Borehamlease extensions you would need to own the property for a couple of years in order to be eligible to carry out a lease extension. What is the name of the managing agents?