The solicitor who assisted with my last purchase has given a fee calculation of £1350 for leasehold conveyancing in Godalming. I am selling a Victorian property for £275,000. Is this over the top? Is it above what I should be paying for conveyancing in Godalming?
The charges are a tad high. Where you are content to spend time scrutinising quotes you could get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, you maylive to regret opting for an a cheaper lawyer. Don't forget to enquire the firm can act for your mortgage company. You can employ our search tool to choose a Godalming conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Godalming.
I am buying a property and require a conveyancing solicitor in Godalming who is on the Bank of Scotland solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Scotland in certain locations such as Godalming. We dont recommend any particular firm.
Are there restrictive covenants that are commonly identified during conveyancing in Godalming?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Godalming. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Godalming differ for newly converted properties?
Most buyers of new build premises in Godalming contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is built. This is because builders in Godalming typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Godalming or who has acted in the same development.
My uncle has recommend that I use his lawyers for conveyancing in Godalming. Should I choose my own property lawyer?
Much as we are happy to recommend a Godalming conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to seek feedback from friends or relatives who have experience in using the firm that you are are thinking of instructing.
Having had my offer accepted I require leasehold conveyancing in Godalming. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in Godalming - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a ground floor flat in Godalming, conveyancing formalities finalised in 1998. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Godalming with a long lease are worth £191,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease comes to an end on 21st October 2079
With only 54 years unexpired we estimate the price of your lease extension to be between £31,400 and £36,200 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered 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.