We note that you have a search directory identifying solicitors on the Yorkshire BS conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Godshill?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Godshill.
My home in Godshill is up for sale and I have a buyer. Will my conveyancing practitioner have to be on the Leeds Building Society conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a property in Godshill? or Apparently there is a law dating back centuries that means some homeowners residing in a parish church boundary may be liable to contribute towards maintenance to the chancel in proximity to the church. Is this applicable for conveyancing in Godshill?
Unless a previous acquisition of the premises completed post 12 October 2013 you may expect conveyancing practitioners carrying out conveyancing in Godshill to remain recommending a chancel search and or chancel repair liability policy.
The deeds to my house are lost. The solicitors who did the conveyancing in Godshill 4 years ago are no longer around. What are my next steps?
You no longer need to hold title official documentation to evidence that you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
I am in need of some leasehold conveyancing in Godshill. Before diving in I require certainty as to the remaining lease term.
Assuming the lease is recorded at the land registry - and most are in Godshill - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a garden flat in Godshill, conveyancing formalities finalised 6 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Godshill with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease terminates on 21st October 2071
With 53 years remaining on your lease the likely cost is going to span between £27,600 and £31,800 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.