My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Leamouth. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this possible?
If you plan to refinance then Skipton will require that you use a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
Do I need to take out insurance to cover chancel repairs when purchasing a house in Leamouth?
Unless a previous purchase of the house took place after 12 October 2013 you can expect solicitors conducting conveyancing in Leamouth to remain recommending a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who did the conveyancing in Leamouth 5 years ago no longer exist. What are my options?
As long as the title is registered the information relating to your proprietorship will be retained by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, identify your house and order up to date copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will also normally retain a file duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.
I'm purchasing my first flat in Leamouth with the aid of help to buy. The developers refused to budge the price so I negotiated 6k of extras instead. The house builders rep advised me not disclose to my solicitor about the deal as it could jeopardize my loan with Norwich and Peterborough Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My father has recommend that I appoint his conveyancers in Leamouth. Do I take his advice?
There are no two ways about it it’s preferable to choose a conveyancing practitioner is to get referrals from friends or family who have experience in using the firm that you are contemplating using.
I’m about to sell my ground floor apartment in Leamouth. Conveyancing solicitors are to be appointed soon, however I have recently received a quarterly maintenance charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as normal given that all rents and maintenance invoices will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Leamouth conveyancing firm to act on my behalf?
Most definitely. We are happy to put you in touch with a Leamouth conveyancing firm who can help.
An example of a Lease Extension decision for a Leamouth residence is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case related to 1 flat. The remaining number of years on the lease was 69.77 years.