My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Clophill. 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 Yorkshire BS, pay off the mortgage. Is this possible?
If you plan to refinance then Yorkshire BS will insist on your using a conveyancer on the Yorkshire BS 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 Yorkshire BS 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 Yorkshire BS mortgage is registered as a charge at the Land Registry.
Me and my partner are purchasing a apartment in Clophill. I might seem paranoid but how we can trust a conveyancer? At some point we have to put money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Have just purchased a probate house at auction in Clophill. Conveyancing is necessary. What is next?
Having for all intents and purposes signed on the dotted line you must hire the services of a conveyancing lawyer quickly as you are facing a fast approaching a fixed date to complete the property. Every auction property should have a corresponding auction pack. This will likely include most,if not all of the documents that your lawyer will need. If you have purchased leasehold property the conveyancing pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You need to hand this to the solicitor working for you as soon as possible. You also need to ensure that that you have the requisite funding organised to complete on the on the contractual date .
I am currently in the process of buying my council flat in Clophill. I have a mortgage agreed with Skipton. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
My wife and I are planning on selling our home in Clophill and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any high street Clophill lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Clophill. We have lived in Clophill for three years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Are there restrictive covenants that are commonly picked up during conveyancing in Clophill?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Clophill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What makes a Clophill lease unacceptable for security purposes?
Leasehold conveyancing in Clophill is not unique. Most leases are individual and drafting errors can sometimes mean that certain clauses are missing. The following missing provisions could result in a defective lease:
A provision for the recovery of money spent for the benefit of another party. Insurance obligations
A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, Chelsea Building Society, and Aldermore all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the buyer to withdraw.
Leasehold Conveyancing in Clophill - Examples of Questions you should consider Prior to buying
Who are the managing agents? How many of the leaseholders are in arrears for their maintenance charge payments? How long is the Lease?
We are hoping to buy a three room flatin Clophill with a home loan from a bank. We like our conveyancer in Clophill but our lender inform us now that he's not approved on their "panel". Apparently we need to choose from the our mortgage company panel solicitors or stay with our Clophill conveyancer and pay for one of their panel ones to represent our lender. This seems very unfair; Can we not simply insist that our lender use our Clophill lawyer?
No, not really. The mortgage company home loan issued is subject to its terms and conditions, one of which will be that lawyers will on the lender's conveyancing panel. Until recently, most mortgage companies had open panels, including most conveyancing solicitors in Clophill : a mortgagee could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for your bank.