My grandfather passed away 10 months ago and as sole heir and executor I was left the property in Chalfont St Giles. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this allowed?
Where you intend to refinance then Principality will insist on your using a conveyancer on the Principality 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 Principality 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 Principality mortgage is registered as a charge at the Land Registry.
It has been 3 months since my purchase conveyancing in Chalfont St Giles completed. I have checked the Land Registry site which shows that I paid £150,000 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 property 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.
How does conveyancing in Chalfont St Giles differ for new build properties?
Most buyers of new build residence in Chalfont St Giles contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is completed. This is because builders in Chalfont St Giles typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chalfont St Giles or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Chalfont St Giles is the location of the property. What do you suggest?
Flying freeholds in Chalfont St Giles are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chalfont St Giles you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chalfont St Giles may determine 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 residence.
Given that I am about to spend hundreds of thousands of pounds on a terraced house in Chalfont St Giles I wish to talk to a solicitor concerning thetransaction in advance of giving the go ahead to the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be carrying out your property ownership legalities in Chalfont St Giles.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter number. The solicitors that we put you in touch with believe that the figure you are provided with for residential conveyancing in Chalfont St Giles should be the amount on the final invoice that you are charged.
Is it best to appoint a Chalfont St Giles conveyancing practitioner based in the vicinity that I am purchasing? An old friend can execute the conveyancing however her office is over three hundred miles drive away.
The benefit of a local Chalfont St Giles conveyancing practice is that you can visit the firm to sign paperwork, deliver your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were impressed that must surpass using an unfamiliar Chalfont St Giles conveyancing lawyer solely due to them being Chalfont St Giles based.