Just contacted my conveyancing lawyer in Knaphill who acted for me two years ago asking for a conveyancing costs illustration based on an identical type of house move (a leasehold residence and a freehold premises) of similar values with a loan from Godiva Mortgages Ltd. I am now being charged double. Am I right to be tempted to shop around for an alternative property lawyer?
The estimate fees seem a little high. If you you were to look around you might trim some of the cost by say £100 plus VAT. On the other hand, assuming were happy with the assistance the firm gave you mightcome to regret choosing an an untested solicitor. Don't forget to check that the firm can represent Godiva Mortgages Ltd. You can make use of our search tool to locate a Knaphill conveyancing firm on the Godiva Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Knaphill.
I just bought a property at auction in Knaphill. Conveyancing is required. What is next?
Having legally bound yourself to purchase you should appoint a conveyancing solicitor as a matter of priority as you are facing a tight deadline in which to complete the transaction. All auction property will have a bespoke auction set of papers. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the legal pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You need to pass this on to the lawyer instructed by you as soon as possible. Do make sure that your finances are organised to complete on the on the contractual date .
A friend pointed out to me me that in purchasing a property in Knaphill there may be various restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Knaphill which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Knaphill should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Having read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Knaphill solicitor - who is on the Bank of Ireland conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Knaphill surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
It has been 2 months since my purchase conveyancing in Knaphill completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Knaphill is where the house is located. Is there any guidance you can impart?
Flying freeholds in Knaphill are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Knaphill you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knaphill 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 premises.
Is it simple use your search facility to select a conveyancing lawyer in Knaphill on the authorised to act for my mortgage?
Step one is to pick a mortgage company such as Accord Mortgages Ltd, The Mortgage Works or Bank of Ireland then type in your location for example Knaphill. Conveyancing organisations in Knaphill and further afield will then be listed.