I am acquiring a property without a mortgage in Godshill. I have been residing for the last Seventeen years in Godshill. Conveyancing searches are expensive. Given that I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a mortgage, then the vast majority of the Godshill conveyancing searches are at your discretion. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches completed, but he has a professional duty to take that path of advice. Do take into account; if you are going to dispose of the house one day, it will likely be be of relevance to your prospective purchaser what the searches determine. Sometimes premises with functional issues can still throw up unexpected search results. A good conveyancing solicitor in Godshill will provide you some sensible guidance here.
Having sold my house in Godshill last March yet the purchaser is telephoning every few hours to moan that her lawyer is waiting to hear from mysolicitor. What should my lawyer have done following completion?
Post completion of your sale your solicitor is committed to deliver the transfer documentation and all additional paperwork to the buyer’s lawyers. Where appropriate, your conveyancer must also send confirmation that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There is unlikely to be post completion formalities just for conveyancing in Godshill.
We are buying a property in Godshill. I might seem paranoid but how we can trust a lawyer? At some point we have to send funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We were going to get a DIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Godshill solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Godshill solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I have decided to exercise my right to buy my property in Godshill off the council. I have a mortgage offer with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Godshill is the location of the property. Can you shed any light on this issue?
Flying freeholds in Godshill are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Godshill you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Godshill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
We're first time buyers - agreed a price, yet the agent informed us that the seller will only issue a contract if we instruct their chosen conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Godshill
We suspect that the owner is unaware of this requirement. Should the seller require ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make the point that (a)you are genuine buyers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to use your preferred Godshill conveyancing solicitors - not the ones that will give the negotiator at the agency a referral fee or achieve conveyancing figures demanded by senior management.