Are there restrictive covenants that are commonly identified as part of conveyancing in Grimsby?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Grimsby. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a quick, chain free conveyancing. Grimsby is the location of the property. Can you offer any guidance?

Flying freeholds in Grimsby are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Grimsby you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Grimsby may ascertain 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 property.

Do I need to be wary about brokers that I am dealing with are suggesting a factory type conveyancing firm as opposed to a High Street Grimsby conveyancing firm?

As is the case with lots of service providers, often recommendations from relatives can be extremely useful or valuable. Nevertheless there are lots of players in a conveyancing matter; estate agents, financial adviser and mortgage companies may recommend lawyers to use. On occasion these conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there exists a commercial relationship behind the recommendation. You are at liberty to appoint your own conveyancer. However, bear in mind that the majority of lenders specify a panel list of law firms you must use for the lender aspect of your house move.

Can you offer any advice when it comes to appointing a Grimsby conveyancing practice to deal with our lease extension?

When appointing a solicitor for lease extension works (regardless if they are a Grimsby conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Grimsby conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:

What are the legal fees for lease extension conveyancing?

Grimsby Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing

For many Grimsby leaseholds the cost for major works are not built into the service charges, albeit that there some managing agents in Grimsby require leasehold owners to contribute towards a reserve fund created for the specific purpose of establishing a fund for larger works. Are any of leasehold owners in dispute over their service charge liability? It would be sensible to discover if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being permitted in in a block in Grimsby. If you like the propertyin Grimsby but your dog is not allowed to live with you then you will be faced hard decision.

We are about to complete buying a house in Grimsby but as a result of wreckage from the recent storms I have negotiated compensation from the owner of five thousand pounds taking the form of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process yet the mortgage company will not permit this. Should they have been involved?

The property lawyer that is on a mortgage company conveyancing panel is duty bound to inform the mortgage company of any variations to the purchase amount. In the event that you were to refuse your property lawyer to disclose the reduction to your bank then they would need to disinstructing themselves from representing you and the mortgage company.