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Find a West Molesey Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in West Molesey? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your West Molesey transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised West Molesey conveyancers for over 130 lenders.


Recently asked questions about conveyancing in West Molesey

Why is leasehold purchase conveyancing in West Molesey costs more?

In summary, leasehold conveyancing in West Molesey and Surrey usually requires more work compared to freehold transactions. This includes lease investigation, corresponding with the landlord about the service of appropriate notices, securing up-to-date service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first entered into.

In scouring consumer advice sites for a high-quality lawyer in West Molesey, many post that I must look for a CQS assured solicitor. Can you explain what CQS is?

The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home moving process, trusted by some of the UK's leading lenders. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). CQS is not a scheme offered by the Council of Licensed Conveyancing. West Molesey is one of the many areas in England and Wales where there are Accredited solicitors.

My bid for a property was accepted at auction in West Molesey. Conveyancing is required. What is next?

Given that you are now to in every practical sense signed on the dotted line you should hire the services of a conveyancing lawyer quickly as you now have a fast approaching deadline in which to complete the transaction. All auction property will have an associated auction set of papers. This should include most,if not all of the paperwork that your conveyancer requires. Where you are dealing with leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You need to hand this to your appointed conveyancing solicitor ASAP. You also need to ensure that you have funds in order to complete the transaction on the set completion date.

is it true that all West Molesey solicitor firms on the Aldermore conveyancing panel are overseen by the SRA?

As solicitors, in order to be on the Aldermore conveyancing panel they would need to be governed by the SRA. The majority of banks do permit licenced conveyancers on their panel and in such a situation the organisation would be overseen by the Council of Licensed Conveyancers.

I can not work out if my bank requires a lease extension. I have called into my local West Molesey building society branch on various occasions and was told it wasn't an issue and they would lend. My West Molesey conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

Your lawyer must follow the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am buying a new build house in West Molesey with the aid of help to buy. The sellers refused to budge the price so I negotiated £7000 of additionals instead. The property agent advised me not reveal to my lawyer about this deal as it may put at risk my mortgage with Platform Home Loans Ltd. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

We are 18 days into a leasehold purchase having been recommend to solicitors by the selling agent to perform conveyancing in West Molesey. I am am extremely dissatisfied with the level of service. Could you help me find new solicitors?

They would need to be very poor in order to consider replacing them. Has the mortgage been generated? If so you will need to advise them of the new conveyancer and ensure the loan are re-issued. The conveyancer should be on the banks panel to avoid escalating expenses and frustration. So that should be your starting point. Our find a solicitor tool should assist you in finding a lender approved solicitor for your home move in West Molesey

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