Can your site be used to recommend a Conveyancing solicitor in Godshill even where I’m not purchasing or selling a house, for instance if I wish to acquire a shop in Godshill with a loan from Skipton Building Society?
Our comparison service is mainly used to help choose residential conveyancing solicitors in Godshill but we have recorded towards the end of this page a selection of Godshill commercial conveyancing firms. You should enquire with the firm directly to see if they are also authorised to represent Skipton Building Society
We previously appointed conveyancing lawyers located in Godshill on the Coventry BS solicitor panel. They have just billed me a supplemental sum for dealing with the Coventry BS mortgage. Is this an additional conveyancing fee specified by Coventry BS?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your lawyer is entitled to levy a fee for this. The charge is not dictated by Coventry BS but by your Godshill conveyancer. Plenty of firms on the Coventry BS panel will quote an ‘acting for lender’ fee and others do not.
Two weeks ago we had a mortgage agreed in principle with Principality. Godshill conveyancing lawyers were appointed. What is the average time that one could expect to receive a mortgage offer from Principality?
There is no definitive answer here. Have Principality completed the valuation? Have you informed Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
It is unclear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Godshill bank branch on numerous occasions and was informed it wasn't a problem and they will lend. My Godshill conveyancing solicitor - who is on the lender conveyancing panel- called and was told they will not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
The conveyancing practitioner has to follow the CML 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 bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
What can a local search reveal regarding the house we're purchasing in Godshill?
Godshill conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Xpress Legal The local search is essential in every Godshill conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
In my capacity as executor for the estate of my grandmother I am selling a residence in Cardiff but live in Godshill. My conveyancer (who is 300 kilometers from merequires that I sign a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Godshill to attest this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Godshill based
My wife and I purchased a leasehold house in Godshill. Conveyancing and Birmingham Midshires mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Godshill who previously acted has long since retired. Do I pay?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Godshill conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I bought a 2 bed flat in Godshill, conveyancing having been completed 7 years ago. How much will my lease extension cost? Comparable flats in Godshill with an extended lease are worth £195,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ceases on 21st October 2083
With just 63 years left to run the likely cost is going to range between £16,200 and £18,600 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.
My wife and I are acquiring a garden flat in Godshill. When we first instructed solicitor, they said that they were on all major UK bank panels. Our financial adviser emailed yesterday to advise that they don't seem to be on the Clydesdale approved list. Were it to be true, what should we do? Should we just pick a different lawyer that is on their approved list or should we pay for separate representation, with Clydesdale selecting their own preferred property lawyer.
Where you are buying a property with the assistance of a mortgage it is standard for the buyer’s solicitors to also act for the mortgage company. In order to act for a bank or building society a lawyer has to be on that lender's conveyancing panel. An application has to be made by the solicitor to the lender to become a member of the lender's panel and there are increasingly strict criteria which the lawyer has to fulfill. Some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your conveyancer should contact Clydesdale to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Clydesdale's conveyancing panel and you may continue to use your own Godshill solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.