My husband and I are purchasing a leasehold flat in Godstone. My Conveyancer is not on the mortgage company conveyancing panel. Is it possible for me to appoint my Godstone conveyancing solicitor notwithstanding that they are not on the lender list of approved lawyers?

One will need to instruct a conveyancer to complete the formalities if you require a loan to buy your property. They will conduct all the appropriate due diligence on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage documentation is in place. One could select a Godstone conveyancer of your choosing. However, where the property lawyer selected is not a member of the bank approved list additional fees will be levied as separate legal representation will be need by the mortgage company. Lender panel applications can be submitted, so if your solicitor has not previously sought membership they should take the opportunity to apply.

I purchased a freehold premises in Godstone yet pay rent, why is this and what is this?

It is rare for properties in Godstone and has limited impact for conveyancing in Godstone but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

What will a local search inform me concerning the house my wife and I purchasing in Godstone?

Godstone conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays an important role in most Godstone conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search will supply 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.

How does conveyancing in Godstone differ for new build properties?

Most buyers of new build premises in Godstone come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Godstone tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Godstone or who has acted in the same development.

What makes your site different to alternative online quote calculators for conveyancing in Godstone?

At this site get a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Godstone. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you instruct them for your property ownership legalities in Godstone