The solicitor who dealt with my previous purchase has sent a quote for just over a thousand pound for freehold conveyancing in Kinver. I’m selling a Georgian house for £200,000. Are the quoted fees excessive? Is it above what I should be paying for conveyancing in Kinver?
The charges are a bit high. If you shop around you might get the conveyancing a bit cheaper by as much as £125. On the other hand, you mightcome to regret opting for an a cheaper solicitor. Remember to check that the solicitor can also act for your mortgage company. You can make use of our comparison tool to select a Kinver conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Kinver.
My husband and I swapping mortgage lender for our apartment in Kinver with Coventry BS. We have a son 19 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is repossessed. I have two questions (1) Is this form unique to the Coventry BS conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your Coventry BS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Coventry BS. This is solely used to protect Coventry BS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Coventry BS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
My wife and I own a renovated Edwardian house in Kinver. Conveyancing practitioner acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kinver and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with your conveyancing solicitor who completed the work.
I have been on the look out for a flat up to £245,000 and found one round the corner in Kinver I like with a park and transport links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Kinver in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I need to retain a conveyancing solicitor for my conveyancing in Kinver. I have chance upon a web site which seems to have the perfect offering If there is a chance to get all this stuff done via phone that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
How does one remove a deceased person's name from the title deeds for a property in Kinver?
If a Kinver property is co-owned and one of the proprietors dies, the name will not immediately be removed from the Land Registry title. It is not necessary to remove their name as when it comes to a disposal your lawyer would just be required to supply proof as to the reason the joint owner is not included in the conveyance, such as the probate documents.
With a view to making things simpler for the sale of the property you may arrange to have the deceased person erased from the title by applying to HMLR with proof of the death. There is no land registry fee payable.