I was recommended to a solicitor who has quoted £1150 for fixed fee conveyancing in Godshill. I am looking to sell a Edwardian property for £275,000. This seems over the top. Is it in excess of the norm for conveyancing in Godshill?
The costs illustration is fractionally on the steep side. If you are happy to expend time comparing costs you may be able to shave off some of the expense by perhaps £100 plus VAT. That being said, you mightlive to rue choosing an an unknown conveyancer. Remember to enquire the solicitor can act for your mortgage company. Do make use of our search tool to find a Godshill conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Godshill.
Please help. My Godshill conveyancer is informing me me that he has toconduct Godshill conveyancing searches resulting from the fact thatthe firm are on the Virgin Moneyconveyancing panel. These Godshill searches cost a lot of money can this be avoided?
You have limited options available to you. As you are obtaining a home loan with a lender your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Godshill conveyancing searches.
Finally the sale completed on my house in Godshill last March but my buyer keeps calling every few hours complaining that her lawyer needs to hear from mylawyer. What should my lawyer have done following completion?
After completion of your sale your lawyer is duty bound to deliver the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where appropriate, your conveyancer must also confirm that the home loan has been redeemed to the purchasers conveyancers. There is unlikely to be post completion procedures just for conveyancing in Godshill.
I am purchasing a 4 bedroom semi-detached house in Godshill. We would like to carry out an extension to the side at the property.Will legal work on the property include checks to determine if these alterations were previously refused?
Your conveyancer should check the registered title as conveyancing in Godshill will occasionally reveal restrictions in the title documents which restrict categories of changes or need the consent of a 3rd party. Many additions require local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
We previously selected solicitors based in Godshill on the HSBC solicitor approved list. They have just billed me a supplemental charge for handling the HSBC mortgage. Is this an additional conveyancing fee set by HSBC?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancer is entitled to levy a fee for this. The charge is not set by HSBC but by your Godshill conveyancer. Plenty of firms on the HSBC panel will quote ’dealing with mortgage’ fee and others do not.
At last I have had an offer on a maisonette in Godshill agreed to, but there is a chain. The sellers have offered on a flat, however it’s not been accepted yet, and have viewings of other flats in the pipeline. I have chosen a local conveyancing solicitor in Godshill. What do I do now? When do I get the mortgage application with Virgin Money started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then survey, Godshill conveyancing search fees, etc). First, you must check that your lawyer is on the Virgin Money conveyancing panel. Regarding the next steps this very much depends on the specifics of your transaction, desire for the property and on the state of the market. In a rising market the majority of buyers will apply for the mortgage with Virgin Money and pay for the valuation and only if it comes back ok would they pay their conveyancer to proceed with searches.
Due to the input of my in-laws I had a survey completed on a property in Godshill before appointing conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies tend not grant a loan on a flying freehold property.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Godshill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Godshill to see if the conveyancing costs will increase in light of this.
There are plenty of properties in Godshill on unadopted lanes. I am purchasing such a house. Are there any advantages to buying a property on a privately owned road?
Godshill conveyancing practices will be well versed in transacting homeson private. The conveyancer will review the title to find any rights or liabilities. In many cases there is a residents association that residents pay into to maintain the road. Where one exists, the road should be maintained and look better than publicly owned.