Is there a reason why leasehold purchase conveyancing in Godstone is more expensive?
Godstone leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My colleague advised me that if I am purchasing in Godstone I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Godstone conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Godstone around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Godstone Education with plans and statistics, Local Amenities and other useful data concerning Godstone.
Am I right to be suspicious about estate agents that I am dealing with are suggesting a factory type conveyancing firm rather than a local Godstone conveyancing firm?
As with lots of professional services, often referrals from relatives can be extremely useful or valuable. Nevertheless there are many players in a conveyancing deal; estate agents, financial adviser and mortgage companies might all recommend lawyers to choose. Sometimes the conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there exists a financial incentive behind the recommendation. You are at liberty to choose your preferred conveyancer. However, bear in mind that most mortgage providers operate an approved list of conveyancers you have to use for the mortgage related work in your home move.
I have just appointed agents to market my garden apartment in Godstone. Conveyancing is yet to be initiated, however I have recently received a quarterly service charge invoice – Do I pay up?
It best that you discharge the invoice as usual given that all rents and maintenance invoices will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Godstone conveyancing firm to assist?
in cases where there is a missing landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to arrive at the amount due.
An example of a Freehold Enfranchisement decision for a Godstone flat is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case was in relation to 3 flats. The unexpired residue of the current lease was 75 years.
What type of property do your Godstone conveyancing quotes relate to?
The quotes provided are only relevant to standard domestic premises in England & Wales. If you have any different needs for example industrial or agricultural land or commercial conveyancing in Godstone you should telephone us to address this further .