East Molesey Conveyancing: FAQs
Whether you are buying, selling, transferring equity or remortgaging, the conveyancing process can be daunting. These frequently asked questions about conveyancing in East Molesey address the most common matters than arise during the legal process for changing property ownership:
Buying property in East Molesey
How much Council Tax must I pay for a property in Elmbridge Borough Council in 2022?
East Molesey is situated in Elmbridge Borough Council. Council tax bands are:
|Band||Elmbridge Council Tax (2022/23)|
I'm purchasing a property in East Molesey which property searches will I require?
The standard pack includes:
- Regulated Local Authority Search
- Environmental Search
- Regulated Water Search
- Chancel search
Occasionally the results of the standard searches will necessitate additional searches such as a radon gas search.
To work out how much searches will cost on a East Molesey move get a conveyancing quote.
I am buying a leasehold property in East Molesey - what do I need to know?
Purchasing a leasehold flat in the UK can be very involved. The many potential problems awaiting an uninformed buyer can include legally technical issues like incomplete management company accounts and marriage value issues.
An experienced leasehold conveyancer will look into all potential issues with the lease and report back to you.
Selling property in East Molesey
Does a leasehold property take longer to sell?
Yes, compared to freehold conveyancing. Sale conveyancing for a leasehold home can result in long delays.
The solicitor acting for the buyer will need to review these documents. These could include three years' filed accounts for the property management and a copy of the freehold property's buildings insurance. The time needed by your lawyer to gather this paperwork is the common cause of such delays.
Your lawyer should start this process before a buyer has even been found, because this information can take weeks to collect if it is difficult to contact the managing agent or landlord or they are slow to respond.
Remortgaging in East Molesey
Will I need a conveyancing solicitor if I am remortgaging my East Molesey property?
Yes, you will need a remortgage conveyancing solicitor.
The Bank of England base rate is currently 1.25% (June 2022). A proactive conveyancing solicitor in East Molesey might even save you a few mortgage payments on your old rate.
Property solicitors are members of most UK mortgage lenders, so whether you are you are switching to a fixed-rate mortgage with the Bank of Scotland or to a long-term fixed mortgage with the Monmouthshire Building Society, we can help.
Transferring equity in East Molesey
I want to transfer equity in my East Molesey home - how does this work?
If your property is owned by one or more people and you wish to transfer ownership the property to someone else, you will need a solicitor to carry out a 'Transfer of Equity'. Your conveyancing solicitor can complete the process quickly for a low fixed fee. Your solicitor can also complete the legal work on an associated remortgage at the same time.
Comparing Conveyancing Quotes in East Molesey
What's the difference between fees and disbursements?
A key difference between conveyancing fees and disbursements is who they are paid to.
Legal fees are paid to your solicitor for the work they do, whereas disbursements are paid through your solicitor to third parties like landlords.
How much should I be paying in conveyancing legal fees in 2022?
Hidden fees and potential additional costs could unexpectedly add to your final conveyancing bill, so when you are comparing East Molesey conveyancing quotes, you should check what each quote does include. If a fee is included in one online quote but not another, check the small print.
If you are buying a leasehold property, with Help to Buy, or a share of freehold, check if there is an additional charge for this extra work.
General East Molesey property lawyers FAQs
How much are conveyancing fees for buying or selling a home in East Molesey?
Conveyancing fees can be broken down into the solicitor's legal and disbursements.
Disbursements are the taxes and additional costs incurred on behalf of a buyer or seller, e.g. Land Registry fees or leasehold management packs. Legal fees are for the legal work carried out by the solicitor.
Your fees for buying or selling a house in East Molesey are fixed, meaning for a standard conveyancing transaction, your fixed fee conveyancing quote will have no hidden extras
Calculate the conveyancing fees for your East Molesey move
Our conveyancing fees calculator gives an instant conveyancing quote with a comprehensive list of all fees, costs and disbursements for your East Molesey sale or purchase.
How we can help you
If you are buying, selling, remortgaging or transferring equity in a property in East Molesey and need an expert conveyancing solicitor, we can take care of the legal side of your move.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- East Molesey experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT