We note that you have a search directory listing firms on the Nationwide conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in East Molesey?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in East Molesey.
We just had an offer accepted to buy with Loughborough BS. I dropped in 3 or 4 high street practices yet am unable to find a East Molesey conveyancing firm on the Loughborough BS approved list. Can you assist?
Please do take advantage of the find a lender approved solicitor tool on this web page. Pick the building society and type East Molesey or your preferred area and you will discover numerous conveyancers located in East Molesey or by proximity to you.
We previously selected conveyancers based in East Molesey on the Leeds Building Society solicitor panel. They have just invoiced me a separate sum for the legal aspects of the Leeds Building Society mortgage. Is this an additional conveyancing fee specified by Leeds Building Society?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your lawyer is entitled to charge a fee for this. The fee is not set by Leeds Building Society but by your East Molesey conveyancer. Numerous firms on the Leeds Building Society panel will charge ’dealing with mortgage’ fee and others do not.
I was told three weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in East Molesey is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
My offer on a house in East Molesey has been accepted, the vendors do however have a tied purchase. The vendors have offered on on an apartment, but it’s not yet tied up, and have viewings of other properties booked. I have chosen a bricks and mortar conveyancing solicitor in East Molesey. What should be my next step? When do I get the mortgage application with Lloyds started?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is in the region of one thousand pounds, then survey, East Molesey conveyancing search costs, etc). First, you should ensure that your solicitor is on the Lloyds approved list. Regarding the subsequent steps this very much dictated by the specifics of your transaction, attraction to this property and on the state of the market. In a hot market the majority of purchasers would apply for a home loan with Lloyds and arrange for the valuation and only if it was satisfactory would they pay their property lawyer to proceed with the conveyancing in East Molesey.
Are there restrictive covenants that are commonly identified during conveyancing in East Molesey?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in East Molesey. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am employed by a reputable estate agency in East Molesey where we see a number of leasehold sales derailed due to leases having less than 80 years remaining. I have been given inconsistent advice from local East Molesey conveyancing solicitors. Could you confirm whether the vendor of a flat can start the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in East Molesey. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to make a decision on the sum to be paid.
An example of a Lease Extension decision for a East Molesey residence is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case was in relation to 1 flat.