Can I use your services to locate a Conveyancing solicitor in Epping even if I’m not buying or disposing of a house, for instance if I want to buy a shop in Epping with a mortgage from Platform Home Loans Ltd?
The service is predominantly utilised to find domestic conveyancing solicitors in Epping but we have recorded towards the bottom of this page a selection of Epping commercial conveyancing firms. You should make contact with the company directly to establish if they can also act for Platform Home Loans Ltd
My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Epping. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this allowed?
Where you intend to refinance then Coventry BS will require that you use a conveyancer on the Coventry 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 Coventry 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 Coventry BS mortgage is registered as a charge at the Land Registry.
Various internet forums that I have visited warn that are the main cause of obstruction in Epping conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Epping.
I am buying a new build house in Epping benefiting from help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not inform my lawyer about this extras as it will impact my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Epping is where the house is located. Is there any guidance you can impart?
Flying freeholds in Epping are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Epping you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Epping may decide 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.
Is planning consent needed to convert a single dwelling into two flats in Epping? This has been done to a house next door to a friend in Epping and was ignorant of it happening until it was finished.
Planning Consent yes. Building Reg Approval yes.