My fiance’s dad is a conveyancer. I hope that I will receive friends and family pricing for conveyancing, but if not, what kind of costs should I be paying for conveyancing in Groby and Ratby?
You should contrast pricing. Make use of our search tool on this page. The fees will be different but the service one can expect are distinct between solicitors as is the case with the vast majority of professional services.
I have given 2 months notice to my current landlord and must leave my let out apartment in Groby and Ratby by 19/2/2026. Conveyancing for my house purchase is underway. Can I complete in a couple of weeks as I wish to avoid having to move into short term accommodation?
The normal practice is not to give notice for your letting until your lawyer suggests that you should. Assuming that you have not already done so, contact to your lawyer and ask them to they seek the assistance the sellers solicitors, try to an agreed time frame that all parties will work towards
I own a freehold house in Groby and Ratby yet invoiced for rent, why is this and what is this?
It is rare for properties in Groby and Ratby and has limited impact for conveyancing in Groby and Ratby 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 new 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.
We are purchasing a house in Groby and Ratby. I might seem paranoid but how we can trust a conveyancer? At some point we will need to put money into their account. What is the protection we have from them run away with our monies?
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 am currently in the process of buying my council flat in Groby and Ratby. I have a mortgage agreed with Santander. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
The formalities of my remortgage has taken place for my property in Groby and Ratby. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I opted to have a survey completed on a house in Groby and Ratby prior to instructing lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies may refuse to issue a mortgage on this type of premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Groby and Ratby. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Groby and Ratby to see if the conveyancing will be more expensive.
What makes a Groby and Ratby lease unmortgageable?
Leasehold conveyancing in Groby and Ratby is not unique. Most leases are individual and legal mistakes in the legal wording can result in certain sections are missing. The following missing provisions could result in a defective lease:
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Service charge per centages that don't add up correctly leaving a shortfall A duty to insure the building
You may encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , Norwich and Peterborough Building Society, and Bank of Ireland all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to pull out.
I invested in buying a 1st floor flat in Groby and Ratby, conveyancing having been completed 3 years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Groby and Ratby with over 90 years remaining are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease finishes on 21st October 2105
You have 80 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.