My family solicitor has given a fee calculation of £1700 for freehold conveyancing in Grantham. I’m looking to sell a newly refurbished detached home for £200,000. This seems expensive. Is it above what I should be paying for conveyancing in Grantham?
The estimate does seem marginally overpriced. If you shop around you might get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, you maylive to rue choosing an an unknown solicitor. Don't forget to enquire the solicitor can act for your mortgage company. Do employ our search tool to find a Grantham conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Grantham.
Would the conveyancing lawyers listed on your site carry out auction conveyancing in Grantham?
There are a few niche practitioners we can connect you with those specialising in auction conveyancing. Grantham is one of our locations in which our lawyers cover.
I own a freehold house in Grantham but still charged rent, why is this and what is this?
It is rare for properties in Grantham and has limited impact for conveyancing in Grantham 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 date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
What is the difference between a licensed conveyancer and conveyancing solicitor in Grantham
There are many registered licenced Conveyancers in Grantham and Solicitor partnerships in Grantham to choose from We would stress that the two are regulated professionals specialising in the legal work in the home buying process. They may both also conduct other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I am purchasing a property in Grantham. A rare aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Co-operative your lawyer must comply with the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for Co-operative. The CML Handbook includes minimum specifications for solar panel roof-space leases, and lawyers are required to report to Co-operative where a lease does not comply with these specifications. The provisions relate to the installation of panels on properties nationwide and is not isolated to Grantham.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Grantham bank branch on various occasions and was informed it wasn't an issue and they will lend. My Grantham conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. I simply don't know who is right.
As long as the conveyancer is on the lender panel, she or he must follow the Council of Mortgage Lenders’ Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
The estate agent has sent us the confirmation of our purchase of a new build flat in Grantham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Grantham
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared.
My husband and I are buying a four bedroom housein Grantham with a residential mortgage from a mortgage company. We would like to retain our solicitor in Grantham yet our lender says she’s not approved on their "panel". We have to appoint from the our bank panel firms or stay with our Grantham conveyancer and pay for one of their panel ones to represent our lender. This seems very unfair; Can we not simply insist that our mortgage company use our Grantham lawyer?
No, not really. The bank mortgage offered to you is subject to conditions, one of which will be that solicitors will on the lender's conveyancing panel. Until recently, most mortgage companies had open panels, including many conveyancing solicitors in Grantham : a mortgagee could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for your mortgage company.