My aunt passed away six months ago and as sole heir and executor I was left the property in Chelmsford. The house had a small mortgage left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
If you plan to refinance then Santander will insist on your using a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.
My uncle advised me that in purchasing a property in Chelmsford there may be various restrictions preventing external changes to a property. Is this right?
We are aware of a number of properties in Chelmsford which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Chelmsford should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Are all Chelmsford Conveyancing Quality Solicitors on the Virgin Money conveyancing panel?
It is true that some lenders now use CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
is it true that all Chelmsford solicitor firms on the UBS conveyancing panel are governed by the SRA?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do list licenced conveyancers on their panel and in such a situation the practice would be overseen by the Council of Licensed Conveyancers.
What will a local search reveal about the property I am buying in Chelmsford?
Chelmsford conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company such as PSG The local search is essential in every Chelmsford conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
Due to the advice of my in-laws I had a survey completed on a house in Chelmsford ahead of retaining lawyers. I have been told that there is a flying freehold element to the property. The surveyor has said that some lenders will not issue a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chelmsford. Conveyancing will be smoother if you use a solicitor in Chelmsford especially if they are familiar with such properties in Chelmsford.
I am selling my home. My past lawyers has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Chelmsford if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Chelmsford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
How much will conveyancing in Chelmsford cost?
Almost all Chelmsford conveyancing firms will agree to a fixed fee. If further work becomes necessary during the conveyancing your conveyancing practitioner is duty bound to advise you in writing of any extra charges for such work immediately it becomes apparent. Some firms may agree not to charge a fee if the deal aborts, others will levy an bill for a fraction of the agreed costs, according to the stage at which the conveyancing does not go ahead.
We would recommend that you obtain various firms to supply you a quotation.