lenderpanel

Find a Godmanchester Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Godmanchester? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Godmanchester home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Godmanchester conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Godmanchester

Finally the sale completed on my house in Godmanchester last July yet the purchaser is texting me to moan that her lawyer needs to hear from myconveyancer. What are the post completion sale formalities following completion?

Following your house sale your solicitor is obliged to forward the transfer deeds and all additional paperwork to the buyer’s lawyers. Where appropriate, your solicitor should also evidence that the home loan has been discharged to the buyers solicitors. There is unlikely to be post completion formalities just for conveyancing in Godmanchester.

Forgive me if this question is silly but I am wet behind the ears as FTB of a garden flat in Godmanchester. Do I receive the keys to the premises on the completion date from my conveyancer? If so, I will find a High Street conveyancing solicitor in Godmanchester?

On the day of completion you will not be required to attend the conveyancers office in Godmanchester. Conveyancing lawyers for you will transfer the completion advance to the vendor’s conveyancers, and shortly after the monies have arrived, you will be called to receive the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.

Can you help - my lawyer says that lack of right of way insurance is needed on my purchase. What is the level of cover for Godmanchester conveyancing?

The right level of lack of right of way indemnity insurance depends on your lender. It would differ for example between Yorkshire Building Society and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.

I am due to exchange contracts on my apartment. I had a double glazing fitted in September 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Skipton are being problematic. The Godmanchester solicitor who is on the Skipton conveyancing panel is saying indemnity insurance will be fine but Skipton are insisting on a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?

It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

Have purchased a a terraced house in Godmanchester , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Godmanchester conveyancing solicitor works at snail pace, so I want to check the land registry aspects are concluded.

There is nothing unique when it comes to conveyancing in Godmanchester registration formalities. Rather than based on location, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry have to notify any other parties. At present approximately 80% of submission are fully dealt with in less than three weeks but some can be subject to longer delays. Historically registration occurs once the purchaser is living at the property therefore post completion formalities is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.

Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one near me in Godmanchester I like with amenity areas and station in the vicinity, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Godmanchester in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.

My husband and I are FTB’s - had an offer accepted, yet the estate agent informed us that the owners will only go ahead if we instruct their preferred conveyancers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Godmanchester

It is unlikely the vendors are behind this. If they require ‘a quick sale', taking such a hostile approach to a serious purchaser is not the way to achieve this. Avoid the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are ready to progress, with finances in place © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your own,trusted Godmanchester conveyancing solicitors - not the ones that will earn the negotiator at the agency a introducer fee or hit his conveyancing targets set by senior management.

Last updated

Find out more about how flying freehold can affect your the value of a property.