When will exchange of contracts occur in sale conveyancing in Godshill and am I required to attend the conveyancers office?
Where you are local to one of the conveyancing solicitors in Godshill you are invited in to sign contracts. That being said, the law practices we work with provide countrywide coverage for conveyancing and provide as equally diligent and professional a job for you when communicating with you electronically. The signing of the contract is not the point of no return. A signed contract is just a prerequisite for the conveyancer to officially exchange at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Godshill)to be in the office at the appropriate time.
Having invested time reading moneysavingexpert.com for a high-quality solicitor in Godshill, many say that I must use a CQS assured lawyer. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in the legal transfer of properties, trusted by some of the UK's major lenders. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. The scheme does not cover licenced conveyancers. Godshill is one of the many areas in England and Wales where there are Accredited solicitors.
I am planning to move home in March. Does my conveyancing solicitor update the removal company on the day of completion. As an aside, can you put forward a removal company in Godshill. Conveyancing firm was chosen before I stumbled across this page.
On the day of completion you can collect the keys from the estate agent but this can only take place after the sellers solicitors inform the agent that the monies to complete are in and the keys can be released. You should advise the removal men that you are ready to move in. We are not in a position to suggest a particular removal company but can assist you in choosing a residential property solicitor in Godshill or a legal practice that specialises in conveyancing in Godshill.
We previously appointed conveyancers located in Godshill on the Yorkshire BS solicitor panel. They have just billed me a further amount for the legal aspects of the Yorkshire BS mortgage. Is this a supplemental conveyancing fee set by Yorkshire BS?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your conveyancer is entitled to levy a fee for this. This fee is not dictated by Yorkshire BS but by your Godshill conveyancer. Some firms on the Yorkshire BS panel will quote ’dealing with mortgage’ fee and others do not.
I am currently in the process of buying my council flat in Godshill. I have a mortgage agreed with Santander. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
My wife and I have a renovated Georgian property in Godshill. Conveyancing solicitor represented me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Godshill and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing solicitor who conducted the work.
As co-executor for the estate of my grandfather I am disposing of a residence in Cardiff but live in Godshill. My solicitor (based 260 kilometers from merequires that I execute a statutory declaration ahead of completion. Could you suggest a conveyancing solicitor in Godshill to attest this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are based in Godshill
Last July I purchased a leasehold house in Godshill. Am I liable to pay service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a 2 bed flat in Godshill, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Godshill with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease runs out on 21st October 2087
With 66 years remaining on your lease we estimate the price of your lease extension to be between £11,400 and £13,200 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.