My uncle passed away six months ago and as sole heir and executor I was left the property in Cardiff Bay. The house had a small mortgage left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Nationwide will insist on your using a conveyancer on the Nationwide 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 Nationwide 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 Nationwide mortgage is registered as a charge at the Land Registry.
Do commercial conveyancing searches disclose impending roadworks that may impact a commercial estate in Cardiff Bay?
Many commercial conveyancing solicitors in Cardiff Bay will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Cardiff Bay. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Cardiff Bay.
For every commercial conveyancing transaction in Cardiff Bay it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Cardiff Bay commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Cardiff Bay.
The estate agent has sent us the confirmation of our purchase of a new build flat in Cardiff Bay. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Cardiff Bay
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
How easy is it to use the search facility to select a conveyancing lawyer in Cardiff Bay on the panel for my mortgage?
1st choose a lender such as Birmingham Midshires, Leeds Building Society or Bank of Ireland then type in your preferred area for instance Cardiff Bay. Conveyancing firms in Cardiff Bay and nationally will then be listed.
In sourcing the web for the term on line conveyancing in Cardiff Bay it reveals numerous property lawyersin the area. With so much choice what is the best way to find the right conveyancer for me?
The ideal way of finding the right conveyancer is through a personal referral, so seek the opinion of friends and family who have acquired a property in Cardiff Bay or the reputable estate agent or financial adviser. Costs for conveyancing in Cardiff Bay vary, so it's sensible to secure at least three fee calculations from different property lawyers. Dont forget to clarify what costs in the quote includes.
Can a conveyancer remove a person from the title of my home in Cardiff Bay ?
Subtracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a solicitor