Can your site be used to find a Conveyancing solicitor in Godalming even if I’m not buying or selling a house, for example where I wish to acquire a shop in Godalming with a loan from Skipton Building Society?
Our comparison service is predominantly used to find domestic conveyancing solicitors in Godalming but we have recorded at the end of this page a few Godalming commercial conveyancing firms. You will need to enquire with the company directly to establish if they can also act for Skipton Building Society
I am purchasing a new build flat in Godalming. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Godalming you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Godalming.
Should my conveyancer be asking questions concerning flooding during the conveyancing in Godalming.
Flooding is a growing risk for solicitors dealing with homes in Godalming. Plenty of people will acquire a house in Godalming, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not qualified to impart advice on flood risk, however there are a various searches that can be undertaken by the buyer or on a buyer’s behalf which will figure out the risks in Godalming. The standard completed inquiry forms sent to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) incorporates a usual question of the vendor to determine whether the premises has suffered from flooding. If flooding has previously occurred and is not revealed by the seller, then a purchaser could commence a compensation claim as a result of such an misleading answer. A buyer’s conveyancers may also commission an environmental report. This will disclose if there is any known flood risk. If so, additional investigations should be carried out.
Me and my brother have a 4 bedroom Edwardian house in Godalming. Conveyancing solicitor acted for me and Lloyds TSB Bank. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the matching property. Is it worth asking Lloyds TSB Bank to clarify?
You should review 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 Godalming and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing practitioner who conducted the work.
My father-in-law has encouraged me to appoint his conveyancing solicitors in Godalming. Do I follow his recommendation?
There are no two ways about it the best way to select a conveyancing solicitor is to get feedback from friends or family who have actually used the solicitor that you are considering.
Last October I purchased a leasehold house in Godalming. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, 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 be sure 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 purchased a 1 bedroom flat in Godalming, conveyancing having been completed in 2003. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Godalming with over 90 years remaining are worth £202,000. The average or mid-range amount of ground rent is £60 per annum. The lease comes to an end on 21st October 2083
You have 57 years remaining on your lease we estimate the premium for your lease extension to be between £28,500 and £33,000 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.