My family solicitor has given a fee calculation of £1700 for no move no fee conveyancing in Godmanchester. I am hoping to downsize from a Victorian house for £275,000. This seems too much. Is it above what I should be paying for conveyancing in Godmanchester?
The charges are a little high. If you shop around you might get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, you mightcome to rue choosing an an untested lawyer. Don't forget to enquire the conveyancer can act for your mortgage company. You can use our comparison tool to choose a Godmanchester conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Godmanchester.
We are due to exchange on the purchase of a property in Godmanchester but as a result of damage from a small fire at the property I have was able negotiate recompense from the seller in the sum of £3k in the form of a adjustment in the price. This was going to be addressed as part of a side agreement but Nationwide will not permit this. Why were they approached?
The conveyancer being on the Nationwide conveyancing panel is duty bound to inform Nationwide of any variations to the sale price. If you prohibit your conveyancer to notify the price change to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new conveyancing practitioner for your conveyancing in Godmanchester.
When reading consumer advice sites for a high-quality solicitor in Godmanchester, many advise that I must instruct a CQS accredited lawyer. What is CQS?
Godmanchester Conveyancing Quality Scheme practices have achieved certification by the law Society The Law Society introduced CQS to promote high standards in the home moving process. CQS helps home movers to identify practices who provide a quality residential conveyancing. Godmanchester is one of locations in England and Wales in which accredited firms are based. The scheme obliges law firms to undergo a strict assessment, compulsory training, self-certification, spot checks and yearly assessments in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Legal Ombudsman.
Does a directory service exist listing HSBC panel conveyancers in Godmanchester on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings viewable online. Where you are in need of a Godmanchester conveyancing practitioner on the HSBC please use our tool.
Last month we had a mortgage agreed in principle with Yorkshire BS. Godmanchester conveyancing practitioners were chosen. What is the average time that one could expect to receive a mortgage offer from Yorkshire BS?
There is no definitive answer here. Have Yorkshire BS completed the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Intending to buy a flat in Godmanchester. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Godmanchester solicitor is on the Bank of Ireland conveyancing panel.
I am downsizing from my home. My past solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Godmanchester if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Godmanchester. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Having checked my lease I have discovered that there are only 72 years left on my lease in Godmanchester. I am keen to extend my lease but my landlord is absent. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to prove that you have used your best endeavours to find the freeholder. In some cases a specialist would be helpful to conduct investigations and to produce an expert document which can be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer both on proving the landlord’s disappearance and the application to the County Court overseeing Godmanchester.
I purchased a 1 bedroom flat in Godmanchester, conveyancing formalities finalised in 2009. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Godmanchester with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 per annum. The lease finishes on 21st October 2078
You have 53 years unexpired we estimate the premium for your lease extension to span between £27,600 and £31,800 plus plus your own and the landlord's "reasonable" 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 detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.