My grandfather passed away last year and as sole heir and executor I was left the house in Easingwold. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this possible?
Given you plan to refinance then Leeds Building Society will require that you use a conveyancer on the Leeds Building Society 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 Leeds Building Society 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 Leeds Building Society mortgage is registered as a charge at the Land Registry.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a house in Easingwold? or Apparently there is an ancient law that could mean that owners of property living in a parish church boundary may be liable to pay for maintenance towards the chancel within the church. Is this a legitimate concern for conveyancing in Easingwold?
Unless a previous purchase of the property took place after 12 October 2013 you could take it that solicitors carrying out conveyancing in Easingwold to continue to advocate a chancel search and or insurance against a claim.
Just acquired a terraced house in Easingwold , What is the estimated time for the Land Registry to register my ownership? My Easingwold conveyancing solicitor works at snail pace, so I want to check that my purchase is registered.
As far as conveyancing in Easingwold registration is no quicker or slower than anywhere else in the country. Rather than based on location, timeframes can differ depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any other persons or bodies. At present approximately 80% of submission are fully addressed in less than three weeks but occasionally there can be protracted delays. Registration is effected once the buyer is living at the premises so post completion formalities is not typically an essential issue yet where it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a quick, no chain conveyancing. Easingwold is where the house is located. What do you suggest?
Flying freeholds in Easingwold are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Easingwold you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Easingwold 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 premises.
How can the Landlord & Tenant Act 1954 affect my business property in Easingwold and how can you help?
The particular law that you refer to provides protection to business lessees, giving them the a statutory right to apply to court for a new lease and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Easingwold
There are only 62 years remaining on my flat in Easingwold. I now wish to get lease extension but my landlord is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. However, you will be required to prove that you have made all reasonable attempts to find the lessor. On the whole a specialist may be useful to carry out a search and prepare a report which can be accepted by the court as evidence that the freeholder can not be located. It is wise to seek advice from a solicitor both on investigating the landlord’s disappearance and the application to the County Court covering Easingwold.
I bought a 1st floor flat in Easingwold, conveyancing formalities finalised in 2010. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Easingwold with a long lease are worth £192,000. The average or mid-range amount of ground rent is £55 yearly. The lease expires on 21st October 2080
With 54 years remaining on your lease we estimate the price of your lease extension to range between £32,300 and £37,400 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.