AssumingI were to buy a simple residential housein Grantham mortgage fee and dispense with a survey and no conveyancing searches how much could I expect to to save on my conveyancing in Grantham?

Any savings you would gain would be limited to the Grantham conveyancing searches. A lawyer is required to do the vast majority of work - money laundering, liaising with your vendors conveyancing practitioner, stamp duty return, register the property etc. You might save a bit for them not needing to register a charge however it will not be meaningful.

Are the Grantham conveyancing solicitors identified as being on the Bank of Ireland conveyancing panel, together with their details provided by Bank of Ireland?

Grantham conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.

Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Grantham so that I can attend their offices when needed.

As opposed to ten years ago, most lenders no longer require their conveyancing panel solicitor to witness the mortgagors signature. It will still be necessary for you to provide ID documents and there are still manifest benefits to using a local ayer, in your situation a conveyancing solicitor in Grantham.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Grantham is the location of the property. Can you shed any light on this issue?

Flying freeholds in Grantham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Grantham you must be sure that your lawyer goes through the deeds thoroughly. Your lender 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 residence.

Our conveyancer in Grantham has identified a a problem with the lease for the property we are purchasing in Grantham. The seller’s lawyers have offered defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor has advised that as he is on the bank conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or the bank?

Just because you have a mortgage offer from the lender does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Grantham conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the bank are the client. The appropriate lender requirements must be adhered to by the lender conveyancing panel who has to balance acting for you and the mortgage company