Can the conveyancing practitioners highlighted via your search app carry out right to buy conveyancing in Hay On Wye?
We work with a variety of conveyancing conveyancers carrying out right to buy transactions Do e-mail us in order to obtain a conveyancing quote.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in Hay On Wye. 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 Clydesdale, pay off the mortgage. Is this allowed?
Where you intend to re-mortgage then Clydesdale will insist on your using a conveyancer on the Clydesdale 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 Clydesdale 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 Clydesdale mortgage is registered as a charge at the Land Registry.
I own a semi-detached Edwardian property in Hay On Wye. Conveyancing practitioner acted for me and Skipton Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hay On Wye and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing solicitor who completed the work.
How does conveyancing in Hay On Wye differ for new build properties?
Most buyers of new build or newly converted property in Hay On Wye approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Hay On Wye typically acquire the site, 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 used to new build conveyancing in Hay On Wye or who has acted in the same development.
My husband and I are new to the buying process - had an offer accepted, but the property agent advised that the seller will only move forward if we use their chosen solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a local conveyancer used to conveyancing in Hay On Wye
We suspect that the owner is not behind this ultimatum. Should the vendor require ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Contact the sellers directly and explain that (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you wish to move quickly (e)however you intend to instruct your own,trusted Hay On Wye conveyancing firm - not the ones that will provide their estate agent a commission or meet his conveyancing targets pre-set by corporate headquarters.
Our property lawyer in Hay On Wye has requested from me ID documents asserting that this is part of his retainer as a solicitor on the lender Conveyancing panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require Hay On Wye conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the mortgage company also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the lender's UK Finance Lenders’ Handbook requirements