Me and my wife are buying an apartment in Matlock. My Conveyancer is not on the mortgage company approved list. Am I still permitted to retain my Matlock conveyancing solicitor even though they are not on the bank panel?
Various options include
- Complete the purchase with your chosen Matlock solicitor but your lender will undoubtedly use a lawyer on their approved panel. This will result in additional charges together with likely interruption.
- Get a new lawyer to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your conveyancer to do everything within their powers to get accepted on the mortgage company panel of solicitors
My grandmother passed away six months ago and as sole heir and executor I was left the house in Matlock. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this possible?
If you intend to refinance then Skipton will require that you use a conveyancer on the Skipton 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 Skipton 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 Skipton mortgage is registered as a charge at the Land Registry.
Have purchased a a semi-detached house in Matlock , What is the estimated time for the Land Registry to record my ownership? My Matlock conveyancing solicitor has been painfully slow, so I want to be certain the registration formalities are addressed.
As far as conveyancing in Matlock registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can differ according to who lodges the application, whether there are errors and if the Land registry need to notify any other persons or bodies. At present in the region of three quarters of submission are completed in less than three weeks but occasionally there can be protracted hold-ups. Historically registration is effected after the new owner has moved in to the premises so an expedited registration is not usually top priority but if there is a degree of urgency associated with the registration then you or your solicitor can contact the land registry and explain the circumstances.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Matlock. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Matlock
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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. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Matlock is the location of the property. What do you suggest?
Flying freeholds in Matlock are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Matlock you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Matlock may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am selling my house. My former solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Matlock if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Matlock. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.