I have just started taking steps with a view to porting my existing standard home loan to a BTL Leeds Building Society mortgage. I have been informed by my broker that I must appoint a conveyancer for this. I had a chat the same East Molesey conveyancing firm who who conducted the conveyancing when I initially bought the premises. The quote sent of £575 plus disbursements is surprising as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The charges are a little high. Where you are happy to invest time comparing costs you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, if you were happy with the legal work the firm offered you mightcome to regret choosing an an untested conveyancer. Remember to enquire the conveyancer can act for Leeds Building Society. Do utilise our search tool to choose a East Molesey conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in East Molesey.
It is is a decade since I acquired my house in East Molesey. Conveyancing solicitors have just been instructed on the sale but I am unable to track down my title documents. Is this a major issue?
Don’t worry too much. First the deeds may be with your lender or they may be in the possession of the lawyers who handled your purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in East Molesey relates to registered property but in the unlikely event that your property is not registered it is more tricky but is not insurmountable.
The estate agent has sent us the confirmation of our purchase of a new build flat in East Molesey. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in East Molesey
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants.
I am looking for a leasehold apartment up to £235,500 and identified one close by in East Molesey I like with amenity areas and station nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in East Molesey suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a home loan that many years will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
Is it possible to swap solicitor as I need to find one who is on the Clydesdale conveyancing list. I hired a local conveyancing solicitor in East Molesey five minutes from me but the firm is not approved by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in East Molesey on the Clydesdale panel. Please note that the property lawyers that we list do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in East Molesey. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in East Molesey.
We're FTB’s - agreed a price, but the property agent told us that the vendor will only proceed if we instruct the agent's recommended solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a family conveyancer with experience of conveyancing in East Molesey
It is highly unlikely the sellers are driving this. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is going to damage their objectives. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to use your own,trusted East Molesey conveyancing lawyers - not the ones that will provide the estate agent a kickback or meet his conveyancing thresholds demanded by senior management.