Conveyancing in Grantham
Conveyancing is the legal process carried out by a solicitor to transfer the ownership of a property from one person to another. If you're looking for a conveyancing solicitor in Grantham, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped Grantham and South Kesteven clients with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Loughborough, Melton Mowbray, Nottingham and Sleaford
Buying property in Grantham
A town in Lincolnshire, Grantham is known as the birthplace of former prime minister Margaret Thatcher, Belton House, and the nearby Belvoir Castle. Popular residential areas include Great Gonerby and Barrowby. Grantham has a railway station, providing links to London and Nottingham. Grantham has a population of approximately 44,000.
Council Tax in Grantham (2023/24)
Grantham is in South Kesteven.
Band | Amount |
---|---|
A | £1,343.65 |
B | £1,567.59 |
C | £1,791.53 |
D | £2,015.47 |
E | £2,463.35 |
F | £2,911.23 |
G | £3,359.12 |
H | £4,030.94 |
What does a property lawyer do?
A conveyancing solicitor assists the buyer with the legal side of buying a home. This means carrying out comprehensive due diligence on the property, including raising enquires, arranging property searches, reviewing contracts of sale and HM Land Registry paperwork.
Grantham conveyancing solicitors may also carry out flood risk checks due to low-lying land.
Are you purchasing with a mortgage?
When you buy a house, your solicitor must also handle some legal work for the bank or building society that's giving you the mortgage. Your transaction could take weeks longer to complete if your property lawyer is not on your chosen mortgage provider's panel.
Our chosen panel solicitors have established relationships with the majority of building societies, banks and lenders, ensuring your transaction will complete without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also help Grantham buyers with the legal work for:
There are more than half a million listed properties in England and Wales, 2,258 of which are in South Kesteven. Grantham listed buildings and properties include: Buying and owning a listed building is not for the faint-hearted. Examples of the duties faced by listed property owners include consent for additions like solar panels, and a requirement to use original or historically appropriate materials. Our specialist panel of solicitors will offer guidance on what duties your ownership will impose. Read more:Listed buildings
New Build Conveyancing
The legal work for purchasing a new build in Grantham is often more complex than that for an existing property.
A solicitor in Grantham must be able to deal with things like handling the uncertainties of buying off plan, checking planning conditions have been fulfilled and working with warranty providers, including NHBC Buildmark, Advantage HCI and Capital Warranties.
Read more:
Leasehold flats
Purchasing a leasehold house or flat requires a number of extra steps when compared to buying a freehold. The numerous common problems lying in wait for the unsuspecting purchaser can include legally technical issues like sinking fund issues and onerous clauses in the lease.
A specialist leasehold solicitor will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling a property in Grantham
At the start of the property selling process in Grantham, your solicitor will assemble all essential documents, including ID forms and the draft contract.
Responsibilities include resolving issues like missing paperwork, answering enquiries from the buyer's solicitor and handling the mortgage redemption.
By taking steps to coordinate with all stakeholders, including estate agents and banks or building societies, your solicitor will ensure the property sale completes without a hitch.Does a leasehold property take longer to sell?
Yes, that's correct, it can take much more time to complete the legal work on leasehold houses or flats when compared to conveyancing on a freehold house.
The buyer's conveyancer will expect to see several leasehold-related documents. These could include a current statement of service charges and a copy of the freehold property's buildings insurance. Typically, delays are due to the time needed by the solicitor to source this information.
Your conveyancing solicitor should start this process at the earliest opportunity, as this information can take weeks to collect if the agent responsible for managing the property is slow or difficult to contact.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing in Grantham
The base interest rate is 5.25% (9 December, 2024)
Before you appoint a solicitor, you should confirm your solicitor's lender panel status.
We work with remortgage solicitors who are on the legal panels of over 100 banks and building societies. Whether you are switching to an equity release mortgage from Yorkshire Building Society or moving to a guarantor mortgage with Holmesdale Building Society, our experienced conveyancing team can guide you through the remortgage process.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in Grantham
Whether you are inheritance tax planning, buying out an ex-partner or transferring the ownership of a property (in part or in full) to your children, you will need a solicitor to carry out a transfer of equity. Your conveyancer will handle all the required documentation for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
What are typical Grantham conveyancing fees?
Solicitors' fees
Your solicitor's quote will set out the legal fees (inc. VAT) to be paid when the conveyancing transaction completes. These fees are paid to your conveyancer for the legal work that they complete during your property transaction.
Disbursements
Disbursements are additional costs on top of your conveyancer's fees for third-party costs incurred on your behalf. Third-party disbursements include Stamp Duty and property searches.
Check the quote for hidden costs
Some firms include extra costs in the small print, leading to an inflated final bill. When you compare conveyancing quotes, double-check for additional fees or charges.