What is the best way to search for the right lawyer who can provide a first class service for my conveyancing in Godstone?
First ask connections who they would recommend.
Second, look on the internet for conveyancing in Godstone. Pick up the phone to a couple or more firms listed and invite them to send you their conveyancing charges and have a conversation with the lawyer who will oversee the conveyancing in advance ofmaking your decision.
Option 3 is to use this site to assist you in finding the right lawyers for you based on your personal factors including location,deadlines, complexity and who the proposed mortgage company is. Resist the temptation to go for low cost conveyancing in Godstone
I am approaching an exchange on a property in Godstone and my parents have sent the exchange deposit to my property lawyer. I am now told that as the deposit has not come from me my property lawyer needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I informed the bank regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your lawyer is duty bound to check with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Can your site be used to recommend a Conveyancing solicitor in Godstone even where I’m not buying or disposing of a house, for instance where I wish to acquire an office in Godstone with a loan from Norwich and Peterborough Building Society?
Our search tool is predominantly utilised to get a quote from residential conveyancing solicitors in Godstone but we have set out towards the bottom of this page some Godstone commercial conveyancing firms. You will need to make contact with the solicitors directly to check if they can also act for Norwich and Peterborough Building Society
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a simple, chain free conveyancing. Godstone is where the house is located. Can you offer any advice?
Flying freeholds in Godstone are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Godstone you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Godstone may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am attracted to a couple of maisonettes in Godstone which have in the region of fifty years left on the leases. should I be concerned?
A lease is a legal document that entitles you to use the property for a period of time. As the lease gets shorter the value of the lease reduces and it becomes more costly to acquire a lease extension. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We advise that you get professional help from a conveyancer and surveyor with experience in this field.
My wife and I have hit a brick wall in negotiating a lease extension in Godstone. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Godstone conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Godstone premises is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case affected 3 flats. The unexpired lease term was 75 years.
I dont have enough spare funds to pay a 10% deposit on my house purchase in Godstone , but I am keen go ahead. Do I have options?
You can agree a lower deposit. Most property owners will accept a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute