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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 conveyancing 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

My friend's sister is a conveyancer. I am hopeful that I'll be able to get preferential fee for conveyancing, However if that does not come through, what level of figure should I be paying for conveyancing in Godmanchester?

It’s a good idea to look for multiple conveyancing estimates. Do use our search tool on this page. You will notice that charges will contrast greatly but the service one can expect differ between property lawyers as is true with the vast majority of professional services.

What will a local search reveal concerning the house I am buying in Godmanchester?

Godmanchester conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search is essential in every Godmanchester conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your new home. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.

I have been on the look out for a flat up to £195,000 and found one close by in Godmanchester I like with open areas and railway links nearby, however it only has 51 years unexpired on the lease. There is not much else in Godmanchester for this price, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a mortgage that many years may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.

I have been advised by a number of selling agents in Godmanchester to get a quote from a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to promote your site ahead of another?

We don’t make any commission for directing people our way. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

I am attracted to a couple of apartments in Godmanchester both have about fifty years left on the lease term. Should I regard a short lease as a deal breaker?

A lease is a right to use the property for a period of time. As the lease shortens the marketability of the lease decreases and results in it becoming more costly to extend the lease. For this reason it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders may be unwilling to lend money on such properties. Lease extension can be a protracted process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this arena.

Leasehold Conveyancing in Godmanchester - A selection of Questions you should ask Prior to Purchasing

    Who manages the block? Many Godmanchester leasehold flats will have a service charge for maintenance of the building invoiced on behalf of the freeholder. Where you purchase the property you will have to meet this contribution, normally in instalments throughout the year. This could be anything from several hundred pounds to thousands of pounds for blocks with lifts and large communal areas. In all likelihood there will be a ground rent for you to pay annual, this is usually not a exorbitant amount, say approximately £50-£100 but you need to enquire as occasionally it could be prohibitively expensive.

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