I went with a high street firm for my conveyancing in Grimsby recently. Upon checking the Terms and Conditions I noteI am liable for charges even where the conveyance does not complete. Should I go with them or choose a web based firm promoting no-sale-no-fee conveyancing in Grimsby?
Generally there is a concession along the lines that if "No Completion No Fee" is offered then the fee levels will generally be more expensive to offset the transactions that fail to complete. You should be mindful that such arrangements tend not to protect you from expenses such your Grimsby conveyancing search costs.
I am in a contract race with another prospective purchaser for a property in Grimsby. What can I do to quicken up the conveyancing process?
In the event that the seller is applying pressure for your conveyancing it is advisable to make sure that your conveyancer is familiar with the location as they will make use of local connections and know-how. It is even conceivable that they may have transacted otherhouses in the same road. You would be best advised to use a Grimsby conveyancing firm. Second, check that the lawyer is on the member panel. It is said that 18% of Grimsby conveyancing transactions are held up or jeopardised after finding out that a buyer’s conveyancer was not on their banks list of approved solicitors. In many cases this discovery resulted in the buying process being delayed by almost 21 days. It is understood that this issue affects approximately 100,000 home moves annually. Most Grimsby conveyancing practices can not represent certain mortgage companies so do check as early as possible.
I have 71 years left on my lease and need a lease extension for my flat in Grimsby. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 2/4/2025 the requirements read as follows :
My partner and I are selling our property in Grimsby and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Grimsby lawyer would know this is not the case. For the life of me I don't know why the buyers used a nationwide conveyancing firm rather than a conveyancing solicitor in Grimsby. Having lived in Grimsby for many years we know of no issue. Is it a good idea to contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Just had an offer accepted on a new build flat in Grimsby. Conveyancing is daunting 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 legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Grimsby
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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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan.
Estate agents have just been given the go-ahead to market my 2 bed flat in Grimsby. Conveyancing has not commenced, however I have just received a half-yearly service charge invoice – Do I pay up?
It best that you pay the service charge as normal as all rents and maintenance invoices will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies 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 purchased a 2 bed flat in Grimsby, conveyancing was carried out 3 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Grimsby with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £45 per annum. The lease comes to an end on 21st October 2087
With only 62 years unexpired we estimate the premium for your lease extension to range between £17,100 and £19,800 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.