Our god-son is purchasing a newly built flat in Grantham with a home loan from Skipton. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Skipton conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Skipton conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I are purchasing a apartment in Grantham. It might be a silly question but how we can trust a lawyer? On the day of competition we will need to send our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I just bought a flat at auction in Grantham. Conveyancing is required. What are my next steps?
Having to in every practical sense signed on the dotted line you should find a conveyancing lawyer soon as you now have a tight a drop dead date to complete the purchase. An auction property will have a bespoke auction set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold property the conveyancing pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You must pass this on to your appointed conveyancing solicitor as soon as possible. Do make sure that you have funds in place to complete the transaction on the set completion date.
A colleague informed me that in purchasing a property in Grantham 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 a number of properties in Grantham which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Grantham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My company is planning to lease a unit on a shopping parade. Can you recommend lawyers offering competitive fees for non-domestic conveyancing in Grantham for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Grantham, including the sale and purchase of businesses as well as simply premises. Whether you are intending to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the costs this will depend on the structure and nuances of the proposed transaction. Let us have your contact information or telephone so as to enable us to supply you with a fixed commercial conveyancing quote.
As co-executor for the will of my father I am disposing of a residence in Swansea but I am based in Grantham. My conveyancer (approximately 250 kilometers from meneeds me to execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Grantham to witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are located in Grantham
I’m about to sell my 2 bed apartment in Grantham. Conveyancing lawyers have not yet been instructed, however I have just had a quarterly service charge demand – what should I do?
It best that you clear the service charge as you normally would as all rents and maintenance payments should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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 own a 1 bedroom flat in Grantham, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Grantham with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ends on 21st October 2094
With only 69 years unexpired we estimate the price of your lease extension to be between £9,500 and £11,000 as well as legals.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.
How much should conveyancing in Grantham cost?
The total sum levied for Grantham conveyancing charges may vary significantly from solicitor to solicitor. Given these variations it especially important that you have a full breakdown of costs when you first appoint a solicitor. You should also consider asking three or four quotes.