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Conveyancing in Godalming Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 09/10/17

Read about the area ;

Farnborough (TAG London) Airport is 10 miles from Godalming. Heathrow Terminals 1 2 3 Airport is 22 miles, Heathrow Terminal 5 Airport is 21 mile s, Gatwick South Terminal Airport is 20 miles, Gatwick North Terminal Airport is 20 miles, Heathrow Terminal 4 Airport is 21 mile s, White Waltham Airport is 23 miles and Blackbushe Airport is 14 miles away and Godalming's nearest station is Godalming at 1 mile s.

Unsted Park Rehabilitation Godalming is a nearby hospital to Godalming.

Q.

How do I get low cost conveyancing in Godalming?

A.

Many law firms promote theoretically 'the cheapest conveyancing', but additional fees will be included in the terms. Additional charges listed in the solicitor's terms should be fair and reasonable.

Q.

Are there any mortgage lenders with branches in Godalming?

A.

Most lenders in Godalming are on our panels. Local mortgage lenders and brokers include Your Choice Mortgage Services Ltd, The Old Barn, Lower Eashing, Godalming, GU7 2QF, Berkeley Warburg, Central House/Woodside Pk/Catteshall La, Godalming, GU7 1LG, and Buckley A JFinancial Management Ltd, Brighton Rd, Godalming, GU7 1NS.

Q.

We are intending to purchase a chapel in the parish of Wanborough. Is a chancel search appropriate?

A.

A conveyancing lawyer could advise a chancel search. Although some Parochial Church Councils (PCCs) have decided to exact chancel repairs on the current owners of lay rectorships, there is no way to be certain that a parish where repair costs have not been paid before, that this

will not continue to be so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

What average time does it take the conveyancer to handle the conveyancing work on an apartment in a Thirties building we are thinking of buying?

A.

The conveyancing process can take anywhere between 3 weeks and twelve weeks, which can be affected by a number of things, like the efficiency of the seller's property lawyer, or the speed of the lender.

Q.

What actions can we take to avoid paying stamp duty to the Revenue?

A.

Stamp duty mitigation should be treated with extreme caution in Godalming, as such schemes are highly expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

How is Stamp Duty Land Tax calculated in Godalming, what amount should we budget for a £956000 property?

A.

The Stamp Duty payable will depend on the value of the property. For a house valued at £956000, the rate will be £38240.*

*Correct as of November 2012

Q.

Do we need to make use of the conveyancing solicitor suggested by my agent?

A.

If you choose a solicitor referred through this route, you may have the advantage of the agent being able to encourage a slow solicitor to work faster. However, if the agent is paid a fee by the solicitor, there is a risk that the agent may suggest the firm which pays to the largest referral fee, not the most suitable for you.

Q.

When do we need to arrange a conveyancing solicitor to handle our purchase?

A.

Whether you are buying or selling in Godalming, the earlier, the better. Instructing a solicitor to handle your Godalming conveyancing early can limit the risk of the other side pulling out.