I have given 2 months notice to my current landlord and must be out of my let out property in Grove by 31/1/2025. Conveyancing for my house purchase has just started. How realistic is it to complete in 5 weeks as I wish to avoid having to find temporary accommodation?
It is unwise to give notice on a rental until you have exchanged. If you have not already done so, update to your lawyer and urge them to they cajole the other side, try to get a realistic time scale from them that everyone will work to achieve
I own a freehold house in Grove yet charged rent, why is this and what is this?
It’s unusual for properties in Grove and has limited impact for conveyancing in Grove 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 many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
My wife and I have recently appointed a conveyancing solicitor in Grove. I I would like to check whether they are on the Nationwide Building Society approved list of lawyers. Could you advise?
The first thing to do is contact the conveyancer and ask them whether they can act for the bank. Alternatively you should get in touch with Nationwide Building Society who may be able to confirm.
Is it the case that all Grove solicitors on the Yorkshire BS conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Yorkshire BS approved list of solicitors they would need to be overseen by the SRA. Many banks do permit licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
I am expecting a DIP from Coventry BS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Coventry BS recommend any Grove solicitors on the Coventry BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Grove solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.
I have paid off my mortgage with Bank of Ireland. I assume I don't need a Grove property lawyer on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
I have been on the look out for a flat up to £245,000 and identified one round the corner in Grove I like with amenity areas and station in the vicinity, however it's only got 61 years on the lease. I can't really find anything else in Grove suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan that many years may be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
My business partner and I are planning to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no costs for commercial conveyancing in Grove for less than £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Grove, including the sale and purchase of businesses as well as simply property. If you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right firm. As for the charges this will depend on the structure and complexity of the proposed transaction. Let us have your details or email us so that we may furnish you with comprehensive commercial conveyancing calculation.