I have given 8 weeks notice to my existing landlord and must leave my let out property in Grimsby by 5/2/2026. Conveyancing for my house purchase has just started. Can I complete in three weeks as I wish to avoid having to move into short term accommodation?
It is unwise to serve notice for your tenancy unless you have exchanged. If you have not already done so, speak to your lawyer and ask them to they chase the owners lawyers, try to get a realistic time scale from them that all parties will look towards
I purchased a freehold house in Grimsby but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Grimsby and has limited impact for conveyancing in Grimsby 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
We wanted to use a conveyancing solicitor in Grimsby for our house purchase. Our financial adviser has since advised us that our mortgage lenders Barclays won't deal with them. Surely this is unfair competition?
Mortgage Companies tend to restrict either the type or the number of conveyancing solicitors on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must not be a sole practitioner. In addition to restricting the profile of firm, a few lenders have limited the amount of firms they permit to represent them. Be aware that Barclays have no responsibility for the quality of advice provided by any member of Barclays Conveyancer Panel. Mortgage fraud was a key driver in the reduction of conveyancing panels a few years ago even though there are differing views concerning the extent of solicitor engagement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms, including some in or near Grimsby only perform a couple conveyances per annum.
I opted to have a survey completed on a house in Grimsby in advance of appointing lawyers. I have been informed that there is a flying freehold element to the house. The surveyor has said that some lenders tend not give a loan on this type of house.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Grimsby. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Grimsby to see if the conveyancing costs will increase in light of this.
What is different about your site and other online quote calculators for conveyancing in Grimsby?
At this site secure a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Grimsby. Unlike many estate agents and many comparison sites we do not operate kick-back arrangements with solicitors. Many agents and online brokers 'recommend' the firm that pays the highest per referral, rather than the best value conveyancing in Grimsby
We are in the middle of buying a property in Grimsby. Conveyancing lawyer has called to say the title is "Leasehold". Should this impact our Natwest valuation?
Grimsby conveyancing does not ordinarily involve leasehold houses. The key factor here is the length of lease and the ground rent. If there are hundred of years years remaining with a nominal rent, it's virtually freehold, so it’s unlikely to impact the value significantly.
At the other extreme, if it's, say, 50 years it will have a material effect on the value, and most likely wouldn't be acceptable to the mortgage company. The remaining lease term and ground rent will be set out in the lease provided to your lawyer.