Unfortunately I am unable to travel far from Godshill. I would like to know the logic why all Godshill property lawyers are not on all bank panels?
As inequitable as it may appear for banks to restrict who can represent them, from the public’s or conveyancer’s viewpoint, the the contrary view is that lenders are becoming ever more anxious and consider it imperative to protect them from mortgage fraud. As a result of this concern mortgage companies are limiting their panel of approved conveyancing lawyers to a manageable size.
It is is a decade since I purchased my property in Godshill. Conveyancing solicitors have recently been appointed on the sale but I can't locate the title deeds. Will this jeopardise the sale?
Don’t worry too much. First there is a chance that the deeds will be kept by the lender or they may be in the possession of the conveyancers who handled your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in Godshill relates to registered property but in the unlikely event that your home is unregistered it is more problematic but is not insurmountable.
I'm buying a new build house in Godshill with a loan from Halifax. The developers refused to budge the price so I negotiated five thousand pounds worth of extras instead. The property agent told me not inform my lawyer about the deal as it will adversely affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Given that I am about to spend over three hundred thousand on a property in Godshill I wish to talk to a lawyer regarding thehouse move prior to instructing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer due to be carrying out your property ownership legalities in Godshill.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter number. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Godshill should be the figure that you are charged.
I need to instruct a conveyancing solicitor for freehold conveyancing in Godshill. I've chance upon a web site which appears to be the ideal offering If it is possible to get all formalities done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Is there a reason that Godshill conveyancing fees are higher for leasehold and freehold properties?
Leasehold conveyancing in Godshill can involve additional due diligence such as investigating the lease, corresponding with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts amongst other tasks.