I have just started taking steps with the intention of transferring my domestic home loan to a BTL Norwich and Peterborough Building Society mortgage. I was told by my mortgage that I require a lawyer as part of the process. I got in contact with my previous Godstone conveyancing firm who who conducted the conveyancing when I originally bought the house. The fee calculation sent of £470 is surprising as its a remortgage than a sale or purchase.

The charges are a bit high. If you are happy to spend time comparing charges you could get the conveyancing a bit cheaper by as much as £125. That being said, assuming were satisfied with the legal work the firm provided you mightlive to regret opting for an an unknown solicitor. If is important to check the conveyancer can also act for Norwich and Peterborough Building Society. Do employ our search tool to select a Godstone conveyancing firm on the Norwich and Peterborough Building Society conveyancing panel, which can often include conveyancing solicitors in Godstone.

Have completed on a a terraced house in Godstone , how long should it take for the Land Registry to deal with the formalities evidencing my proprietorship? My Godstone conveyancing solicitor has been very slow, so I want to check the land registry aspects are dealt with.

There is nothing unique about conveyancing in Godstone registration formalities. As opposed to being determined by geographic area, timescales can differ according to who lodges the application, whether there are errors and whether the Land registry need to notify any other parties. Currently roughly three quarters of such applications are completed in less than three weeks but occasionally there can be protracted delays. Historically registration is effected after the new owner is living at the premises so post completion formalities is not typically primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.

I am purchasing my first flat in Godstone benefiting from help to buy. The developers would not reduce the price so I negotiated 6k of additionals instead. The property agent advised me not inform my conveyancer about this side-deal as it would jeopardize my mortgage with the lender. Is this normal?.

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.

I was advised by a few selling agents in Godstone to locate a conveyancer on your site. Is there a financial advantage for Estate Agents to market your lawyers over another?

We refuse to make any commission for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

We have reached the end of our tether in trying to purchase the freehold in Godstone. Can this matter be resolved via the Leasehold Valuation Tribunal?

Most certainly. We can put you in touch with a Godstone conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Godstone property is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case affected 3 flats. The number of years remaining on the existing lease(s) was 75 years.

What makes a Godstone lease problematic?

There is nothing unique about leasehold conveyancing in Godstone. Most leases are unique and drafting errors can sometimes mean that certain sections are not included. For example, if your lease is missing any of the following, it could be defective:

Clauses dealing with recovering service charges for expenditure on the building or common parts. A duty to insure the building

You will have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Lloyds TSB Bank, Leeds Building Society, and Britannia all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the buyer to withdraw.