I have just started taking steps with the aim of swapping over from my current homeowner loan to a Buy to Let Birmingham Midshires mortgage. I have been informed by my broker that I must appoint a solicitor for this. I had a chat my previous East Molesey conveyancing solicitor who dealt with the legals when I first purchased the premises. The fee calculation issued of £500 has shocked me as its a remortgage than a sale or purchase.
The estimate does seem a little on the high side. If you shop around you could shave off some of the expense by as much as £100 plus VAT. That being said, providing that you were pleased with the service the firm offered you maylive to regret choosing an an unknown conveyancer. Don't forget to enquire that the firm can also act for Birmingham Midshires. Do employ our search tool to locate a East Molesey conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in East Molesey.
It is a dozen years since I bought my house in East Molesey. Conveyancing lawyers have recently been retained on the sale but I am unable to track down my title deeds. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be with your lender or they could be archived with the conveyancers who handled the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in East Molesey involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
The estate agent has sent us the confirmation of our purchase of a new build apartment in East Molesey. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in East Molesey
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There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I am looking for a leasehold apartment up to £245,000 and identified one near me in East Molesey I like with open areas and station in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in East Molesey for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
Is it possible to transfer to a new conveyancer as I need to find one who is on the Chelsea Building Society conveyancing list. I was using a family conveyancing solicitor in East Molesey five minutes from me but she is not accepted by Chelsea Building Society
We will our best to assist in finding you a conveyancing solicitor in East Molesey on the Chelsea Building Society panel. Please note that the law firms that we work with do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in East Molesey. In utilising search facility on this website, you can contrast costs for conveyancing solicitors in East Molesey and beyond.
My husband and I are novice buyers - agreed a price, yet the selling agent told us that the vendor will only go ahead if we instruct the agent's recommended solicitors as they want a ‘quick sale’. We would rather use a local solicitor used to conveyancing in East Molesey
We suspect that the seller is not behind this ultimatum. If they want ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and make sure they understand (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you will continue to appoint your own,trusted East Molesey conveyancing firm - as opposed tothose that will give their estate agent a referral fee or achieve conveyancing thresholds demanded by HQ.