My partner’s uncle is a conveyancing practitioner. I am hopeful that I will be offered friends and family pricing for conveyancing, However if that does not come through, what level of fees would I typically be looking at for conveyancing in Grantham?
Do compare pricing. Do use our comparison tool on this site. Whilst estimates do contrast greatly but service levels do are distinct between law firms as is the case with most professions.
We wanted to use a conveyancing solicitor in Grantham for our home move. Our broker has since notified us that our bank The Mortgage Works won't deal with them. Surely this is unfair competition?
Banks ordinarily restrict either the type or the number of conveyancing solicitors on their panel. A common example of such criteria being that a law practice must not be a sole practitioner. In addition to restricting the type of firm, some have limited the number of firms they allow to act for them. Be aware that The Mortgage Works have no responsibility for the quality of advice provided by any member of The Mortgage Works Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of solicitor panels a few years ago even though there are mixed opinions regarding the level of solicitor engagement in some of that fraud. Figures from the Land Registry indicate that thousands of law firms, including some in or near Grantham only carry out very few conveyances a year.
A friend advised me that if I am purchasing in Grantham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Grantham conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Grantham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Grantham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information concerning Grantham.
I purchased a terraced Edwardian house in Grantham. Conveyancing practitioner represented me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Grantham and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing solicitor who conducted the purchase.
I am buying a new build apartment in Grantham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Grantham
-
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking for a ground for flat up to £195,000 and identified one round the corner in Grantham I like with open areas and railway links nearby, the downside is that it only has 61 years on the lease. There is not much else in Grantham in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years will be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.