As a novice what is the most important advice you can impart concerning purchase conveyancing in Molesey?
You may not hear this from too many lawyers but conveyancing in Molesey or throughout Surrey is often a confrontational process. Put another way, when it comes to conveyancing there exists lots of room for friction between you and others involved in the home moving process. For example, the seller, selling agent and sometimes a bank. Appointing a solicitor for your conveyancing in Molesey is a critical decision as your conveyancer is your adviser, and is the ONLY person in the transaction whose interest is to look after your legal interests and to keep you safe.
There is a worrying ongoing adversarial element to conveyancing- someone has to be blamed for the process taking so long. You your first instinct should be to trust your solicitor above all other players when it comes to the legal assignment of property.
It has been 4 months following my purchase conveyancing in Molesey completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a leasehold apartment up to £305k and identified one close by in Molesey I like with a park and railway links nearby, however it's only got 49 years on the lease. I can't really find anything else in Molesey suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage the shortness of the lease may be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I am a sole trader hoping to lease a unit on the high street. Can you recommend solicitors offering no-sale-no charges for non-domestic conveyancing in Molesey for below 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Molesey, including the sale and acquisition of businesses as well as simply property. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. Regarding the costs these will vary based on the structure and complexity of the deal. Let us have your details or email so as to enable us to furnish you with a detailed commercial conveyancing quote.
Is it best to use a Molesey conveyancing solicitor based in the vicinity that I am hoping to buy? We have a good friend who can perform the legal work but they are based over three hundred miles away.
The primary upside of using a local Molesey conveyancing practice is that you can attend the office to execute paperwork, hand in your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and they were impressed that should outweigh using an unknown Molesey conveyancing lawyer solely due to them being round the corner.
My partner and I have AIP from Alliance & Leicester who suggested we could borrow up to £350k. At what point do we need to appoint a solicitor for conveyancing? Molesey is where we are buying.
You can appoint a lawyer now so that the conveyancing practitioner can open the ledger so they can do their AML checks etc. If and when you wish them to commence work they will seek a deposit usually approximately £225. That should generally be after you have the loan offer from your lender and survey back, however should you wish to expedite the process you can start sooner even though you may be risking some money.