Is there a reason why leasehold purchase conveyancing in Molesey costs more?
The conveyancing charges on a leasehold property in Molesey is inevitably higher when contrasted to a freehold residence. This is because there is an amount of additional time required in corresponding with the landlord and managing agents to collate the information about whether the rent and service charges have been discharged and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
We have agreed to purchase a house in Molesey. An unusual aspect is that the roof has a solar panel. UBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is UBS your lawyer must comply with the formal instructions outlined in Section two of UK Finance Lenders’ Handbook for UBS. The CML Handbook contains minimum provisions for solar panel roof-space leases, and lawyers are required to report to UBS where a lease fails to comply with these provisions. The specifications relate to the installation of panels on properties nationwide and is not isolated to Molesey.
I am currently in the process of buying my council flat in Molesey. I have a mortgage agreed with Lloyds. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
After shopping around on the internet I have found a Molesey conveyancing practitioner having checked that they are on the Principality conveyancing panel. Does my lawyer arrange the survey of the property?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Molesey surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I used Wolstenholmes several years past for my conveyancing in Molesey. I now require my papers but 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 Molesey 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.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Molesey is the location of the property. What do you suggest?
Flying freeholds in Molesey are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Molesey you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Molesey may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Hoping to buy a property located in Molesey and I am already nervous. I couldn't find anything specific about Molesey. Conveyancing will be needed in due course but do you know about the Molesey area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Molesey. In the meantime here are some basic statistics that we found
My wife and I have recently appointed a conveyancing solicitor in Molesey. I need to find out if they are listed on the bank's conveyancing panel. Could you help?
It’s a good idea call your solicitor and ask them if they are on the bank's approved list. Alternatively please call us and we can investigate and revert. If they are not on the lender panel we can certainly arrange a reputable conveyancing solicitor in Molesey on the approved list for your mortgage company.