Please help. My Molesey lawyer is advising me that he has toorder Molesey conveyancing searches asthe firm are on the Nat Westconveyancing panel. Is my conveyancer correct?

You have limited options available to you. As you are obtaining a home loan with a lender your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Molesey conveyancing searches.

In what way does my ID and proof of funds have anything to do with my conveyancing in Molesey? Why is this being asked of me?

It is indeed that case that these requests have nothing to do with conveyancing in Molesey. However these days you will not be able to complete any conveyancing deal if you have not supplying proof of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are providing your driving licence as evidence of identification it needs to be both the paper part as well as the photo card part, one is not satisfactory in the absence of the other.

Verification of the source of funds is mandated under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer will need to retain this information on record. Your Molesey conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they should also ask additional questions concerning the source of funds.

My bank has recommended solicitors on their panel based in Molesey but I would rather use a conveyancing lawyer in Molesey or nearer to where I live. Can you assist?

Far from all Molesey conveyancing practices are on all lender’s conveyancing panel. Do make use of our search tool to choose a Molesey conveyancing firm on the on the lender panel.

I am intent on selling our house in Molesey and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Molesey lawyer would know that there is no such problem. It does beg the question why the purchasers used a nationwide conveyancing firm rather than a conveyancing solicitor in Molesey. Having lived in Molesey for six years we know of no issue. Should we get in touch with our local Authority to seek confirmation need.

It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Molesey I like with amenity areas and railway links in the vicinity, however it's only got 61 years on the lease. There is not much else in Molesey for this price, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the shortness of the lease may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you could ask them to start the process of the extension and pass 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 regarding this matter.