I am the registered owner of a freehold residence in East Molesey yet pay rent, why is this and what is this?

It’s unusual for properties in East Molesey and has limited impact for conveyancing in East Molesey but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

What is your number one tip for finding a conveyancing solicitor in East Molesey

Do not opt for the lowest East Molesey conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.

My lawyer has informed me that lack of planning permission insurance is needed on my purchase. What is the level of cover for East Molesey conveyancing?

The right level of lack of planning permission indemnity insurance should be dictated by who who your lender is. It would differ for example between and . Conveyancing solicitors as opposed to borrowers take out such policies.

I am selling my flat. I had a double glazing fitted in October 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, are being problematic. The East Molesey solicitor who is on the conveyancing panel is saying indemnity insurance will be fine but are insisting on a building regulation certificate. Why do have a conveyancing panel if they don't accept advice from them?

It is probably the case that have referred the matter to their valuer. The reason why may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

I am purchasing a new build house in East Molesey benefiting from help to buy. The sellers would not reduce the amount so I negotiated 6k of additionals instead. The estate agent told me not inform my solicitor about the extras as it may affect my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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're first time buyers - agreed a price, yet the selling agent advised that the owners will only move forward if we use their recommended solicitors as they need a ‘quick sale’. We would rather use a local solicitor used to conveyancing in East Molesey

We suspect that the seller is unaware of this request. If they desire ‘a quick sale', taking such a hostile approach to a serious purchaser is is going to put the whole deal at risk. Speak to the vendors direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)but you are going to instruct your preferred East Molesey conveyancing solicitors - as opposed tothose that will provide the estate agent a commission or achieve conveyancing targets set by corporate headquarters.

I am buying a maisonette and cash is in place. I have provided lawyer with two distinct proof of photo ID, bank statement, multiple utility bills. Now he wants a copy from a probate lawyer advising that the funds are in order and that it has come from inheritance and not selling fake DVD.

In today’s world you will not be able to complete any East Molesey conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.