Much to our surprise we have been advised by our mortgage broker that my Grimsby the law firm I have appointed is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
You need to contact your Grimsby conveyancer. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
Can your site be used to find a Conveyancing solicitor in Grimsby even where I’m not purchasing or selling a house, for example where I wish to acquire an office in Grimsby with a mortgage from Barclays ?
Our comparison service is mainly utilised to find domestic conveyancing solicitors in Grimsby but we have recorded towards the bottom of this page some Grimsby commercial conveyancing firms. You should make contact with the firm directly to see if they can also act for Barclays
Should my conveyancer be raising enquiries concerning flooding during the conveyancing in Grimsby.
The risk of flooding is if increasing concern for lawyers dealing with homes in Grimsby. There are those who purchase a property in Grimsby, completely aware that at some time, it may suffer from flooding. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to offer advice on flood risk, however there are a numerous checks that can be undertaken by the buyer or by their conveyancers which should give them a better appreciation of the risks in Grimsby. The conventional set of property information forms sent to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) contains a usual question of the seller to determine if the premises has historically flooded. In the event that flooding has previously occurred which is not revealed by the vendor, then a purchaser could commence a compensation claim stemming from an inaccurate reply. The buyer’s solicitors may also order an environmental search. This will higlight whether there is any known flood risk. If so, further investigations should be carried out.
four months have gone by since my purchase conveyancing in Grimsby concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a flat up to £245,000 and identified one close by in Grimsby I like with open areas and station in the vicinity, however it only has 61 years on the lease. I can't really find anything else in Grimsby for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.