My Clarborough conveyancer has identified a discrepancy between the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor says that he needs to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
My grandmother passed away last year and as sole heir and executor I was left the property in Clarborough. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to RBS, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then RBS will insist on your using a conveyancer on the RBS 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 RBS 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 RBS mortgage is registered as a charge at the Land Registry.
Will commercial conveyancing searches reveal planned roadworks that could affect a commercial site in Clarborough?
Its becoming the norm that commercial conveyancing solicitors in Clarborough will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Clarborough. The search result provides definitive data 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 Clarborough.
For each commercial conveyancing transaction in Clarborough it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Clarborough commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Clarborough.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who conducted the conveyancing in Clarborough 5 years ago have long since closed. What do I do?
You no longer need to hold title deeds to evidence that you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
Due to the input of my in-laws I had a survey completed on a house in Clarborough in advance of instructing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some lenders will refuse to give a mortgage on such a premises.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Clarborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Clarborough to see if the conveyancing costs will increase in light of this.
What does commercial conveyancing in Clarborough cover?
Clarborough conveyancing for business premises covers a broad array of advice, supplied by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.