It is a dozen years since I bought my property in Maidenhead. Conveyancing lawyers have now been appointed on the sale but I can't track down the title documents. Will this cause complications?
Don’t worry too much. First the deeds may be with the mortgage company or they may be archived with the lawyers who acted in your purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Maidenhead involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
My uncle passed away last year and as sole heir and executor I was left the property in Maidenhead. The house had a small mortgage left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this possible?
Where you plan to refinance then Yorkshire BS will insist on your using a conveyancer on the Yorkshire 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 Yorkshire 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 Yorkshire BS mortgage is registered as a charge at the Land Registry.
I am buying a new build flat in Maidenhead. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Maidenhead
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There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are surveyor prepared.
How simple is it to use your search facility to get a costs illustration from a conveyancing lawyer in Maidenhead on the panel for my mortgage?
First choose a mortgage company such as Lloyds TSB Bank, The Mortgage Works or Barclays Direct then choose your preferred area such as Maidenhead. Conveyancing firms in Maidenhead and across England and Wales should be identified.
I am a fortnight into a leasehold purchase having been recommend to solicitors by the high street agent to handle our conveyancing in Maidenhead. I am not happy. Can you help me find new lawyers?
A conveyancer would need to be really poor to suggest diss instructing them. Has your mortgage offer been issued? In the event that it has you need to make them aware of the replacement lawyer and ensure the offer are issued to the new lawyers. Your new solicitor ideally needs to be on the mortgage company approved list to avoid added costs and frustration. That should be your first question of the new lawyers. The search tool should help you find a lender approved lawyer for your home move in Maidenhead
Me and my wife are selling a Maidenhead bungalow we inherited 8 years ago in 2011. I have over a decades worth of conveyancing experience and, although retired, wish to do the legal work. The buyer's property lawyer has informed me that their Lenders will not allow you to do your own conveyancing insisting the funds to be transferred to a solicitor's bank account.
Mortgage requirements to solicitors from all CML members specify that If the vendor does not have legal representation the borrower's lawyers should check whether the mortgage company needs to be notified so that a decision can be made if they are prepared to proceed.