I am purchasing a new build flat in Grantham. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Grantham you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Grantham.
I have justbeen informed that Action Conveyancing have closed. They carried out my conveyancing in Grantham for a purchase of a leasehold flat 12 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Grantham conveyancing specialists.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Grantham is the location of the property. What do you suggest?
Flying freeholds in Grantham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Grantham you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Grantham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
As co-executor for the estate of my grandfather I am selling a house in Newport but reside in Grantham. My solicitor (who is 200 miles from merequires that I execute a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in Grantham who can witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Grantham
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £150,000 garden flat in Grantham next week. The landlords agents has quoted £396 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Grantham?
Grantham conveyancing on leasehold flats more often than not requires the purchaser’s conveyancer sending enquiries for the landlord to answer. Although the landlord is under no legal obligation to respond to such questions the majority will be content to assist. They are at liberty to charge a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is £350, in some cases it exceeds £800. The administration charge levied by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration fees, without which the charge is technically not due. In reality you have no option but to pay whatever is demanded should you wish to complete the sale of your home.
I invested in buying a 1st floor flat in Grantham, conveyancing was carried out 7 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Grantham with a long lease are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease terminates on 21st October 2087
You have 62 years unexpired we estimate the price of your lease extension to range between £17,100 and £19,800 plus professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.
Why can I not complete our conveyancing in Grantham on Good Friday?
This is due to the fact that on completion the sale price will be transferred electronically between the banks of the buyer and owner’s conveyancing practitioner and at present this can only occur on a working day. So you can't complete on a saturday or sunday either.