My uncle passed away six months ago and as sole heir and executor I was left the house in Freshwater Bay. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Given you intend to re-mortgage then HSBC will require that you use a conveyancer on the HSBC 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 HSBC 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 HSBC mortgage is registered as a charge at the Land Registry.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who did the conveyancing in Freshwater Bay 4 years ago are no longer around. What are my options?
You no longer need to have the physical original deeds to establish that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.
How does conveyancing in Freshwater Bay differ for new build properties?
Most buyers of new build or newly converted property in Freshwater Bay approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is built. This is because builders in Freshwater Bay typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Freshwater Bay or who has acted in the same development.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Freshwater Bay and how can you help?
The particular law that you refer to gives protection to business leaseholders, granting the dueness to make a request to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Freshwater Bay is one of our numerous locations in which our lawyers have offices
I own a leasehold house in Freshwater Bay. Conveyancing and Platform Home Loans Ltd mortgage organised. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Freshwater Bay who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Freshwater Bay conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Freshwater Bay - A selection of Questions you should consider before buying
The answer will be important as a) areas could result in problems for the building as the common areas may start to deteriorate if repairs remain unpaid b) if the tenants have a dispute with the managing agents you will wish to have all the details It would be prudent to find out as much as possible about the company managing the building as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to day to day matters such as the tidiness of the communal areas. You should not be afraid to ask other people whether they are happy with their service. Finally, find out the dates that the service fees are due to the managing agents and specifically what you get for your money.
My folks are experiencing problems in finding their Freshwater Bay property on the HM Land Registry site. They recall that 48 years ago when they bought the bungalow there were complications regarding the address not being recognised in some systems.
Nearly all properties in Freshwater Bay should be revealed. Have you tried a search with simply the postcode. Usually it should identify all the residences within the postcode. Where registered it will show up with a title number. If they bought back in the 70’s it's conceivable it may be unregistered. The address could still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title deeds which could be with your parent’s bank.