My aunt passed away six months ago and as sole heir and executor I was left the house in Eltham. The house had a relatively small loan left on it of around £5k. 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 intend 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.
Just had an offer accepted on a new build flat in Eltham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Eltham
Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision.
What does commercial conveyancing in Eltham cover?
Non domestic conveyancing in Eltham covers a broad range of guidance, given by qualified solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I am one month into a leasehold purchase having been directed to solicitors by the high street agent to do our conveyancing in Eltham. I am not happy. Can you you assist me in finding new solicitors?
They would need to be really bad to suggest replacing them. Has the mortgage been issued? If so you must inform them of the new solicitor and ensure the mortgage documents are re-sent. Your solicitor ideally needs to be on the banks panel to avoid added charges and complications. So that should be your first question of the new solicitors. Our find a solicitor tool can help you find a bank approved conveyancer for your conveyancing in Eltham
If all goes to plan we aim to complete the disposal of our £250,000 apartment in Eltham next week. The landlords agents has quoted £396 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Eltham?
For the majority of leasehold sales in Eltham conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Addressing conveyancing due diligence enquiries
Where consent is required before sale in Eltham
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Eltham conveyancing firm to represent me?
in cases where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the LVT to determine the price.
An example of a Lease Extension decision for a Eltham residence is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case was in relation to 1 flat.
My husband and I yesterday discovered that one of the directors of the law firm handling the purchase conveyancing in Eltham is an uncle of the owners that we are purchasing from. Is this permitted?
As long as there is no conflict of interest this should be fine. If you are requiring a mortgage then the mortgage company may have a say as many mortgage companies have specific requirements on this. For example for Bradford & Bingley as of 19/11/2019, the requirements read as follows :