All was ready to move into my new home in West Molesey next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the lender expect the insurance to cover?
All property lawyers on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These requirements are not limited to conveyancing in West Molesey.
I have been recommended a conveyancing solicitor in West Molesey. I need to find out if they are accepted on the National Westminster Bank conveyancing panel. Can you advise?
You should e-mail the conveyancer and enquire whether they are on the lender panel. Alternatively you can call National Westminster Bank who may be able to assist.
Me and my partner are purchasing a apartment in West Molesey. I might seem paranoid but how we can trust a solicitor? At some point we have to deposit our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my aunt sell her flat in West Molesey. Will the conveyancing solicitor arrange the energy performance certificate or it is for the owner to coordinate?
Following the abolition of Home Information Packs, energy assessments was maintained a mandatory part of selling a property. An EPC needs to be to hand in advance of the property being marketed. This is not a task that solicitors ordinarily organise. If you are using a West Molesey conveyancing lawyer they may be able to arrange EPC’s given their contacts with reputable West Molesey energy assessors
I have paid off my mortgage with Nationwide. I assume I don't need a West Molesey conveyancer on the Nationwide panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
Just had an offer accepted on a new build flat in West Molesey. Conveyancing is daunting 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 are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in West Molesey
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking into buying my first house which is in West Molesey and I am already nervous. I couldn't find anything specific about West Molesey. Conveyancing will be needed in due course but do you know about the West 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 West Molesey. In the meantime here are some basic statistics that we found
What advice can you give us when it comes to finding a West Molesey conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a West Molesey conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non West Molesey conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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How many lease extensions have they completed in West Molesey in the last year? Can they put you in touch with clients in West Molesey who can give a testimonial?
I am the registered owner of a ground flat in West Molesey. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?
Most certainly. We can put you in touch with a West Molesey conveyancing firm who can help.
An example of a Lease Extension case for a West Molesey property 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 affected 1 flat.