We are planning to acquire a house and need a conveyancing solicitor in Lechlade who is on the Coventry BS conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Lechlade.
My aunt passed away six months ago and as sole heir and executor I was left the property in Lechlade. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Given you intend to refinance 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.
I have justbecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Lechlade for a purchase of a leasehold apartment 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lechlade conveyancing specialists.
I'm refinancing my existing property to a BTL mortgage with Coventry Building Society and intend to use the remaining equity as a deposit on another house. The location we are looking at is Lechlade. Will your lawyers be able to act for the two banks and link together the two deals?
Make use of our comparison tool on this site to ensure that the lawyers are on the appropriate lender panels. Having checked that they are the solicitor should be able to simultaneously deal with the two deals but you should talk with you lawyer and communicate your expectations and requirements.
Is it best to use a Lechlade conveyancing lawyer in close proximity to the house I am buying? We have a good friend who can conduct the legal work however her office is over three hundred miles drive away.
The benefit of a high street Lechlade conveyancing firm is that you can drop in to execute paperwork, deliver your ID and apply pressure on them where appropriate. Having local Lechlade know how is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and in the main were happy that should trump using an unfamiliar Lechlade conveyancing lawyer solely due to them being round the corner.
I work for a busy estate agent office in Lechlade where we have witnessed a few flat sales put at risk due to leases having less than 80 years remaining. I have been given inconsistent advice from local Lechlade conveyancing firms. Could you shed some light as to whether the owner of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Lechlade Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
How much is the ground rent and service charge? It would be wise to enquire if there are any onerous prohibitions in the lease. By way of example it is reasonably common in Lechlade leases that pets are not allowed in certain buildings in Lechlade. If you like the apartmentin Lechlade yet your cat can’t live with you then you will be presented with a difficult compromise. It is important to be aware if redecorating or some other significant cost is coming up to be shared by the leasehold owners and will materially increase the the service costs or result in a one off payment.