Due to move into my new home in Ravenscourt Park next Friday. My solicitor now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the lender. What does the insurance need to cover?
Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These requirements are not specific to conveyancing in Ravenscourt Park.
Can I use your services to find a Conveyancing solicitor in Ravenscourt Park even where I’m not buying or selling a house, for instance where I wish to acquire an office in Ravenscourt Park with a mortgage from Leeds Building Society?
The service is mainly utilised to help choose domestic conveyancing solicitors in Ravenscourt Park but we have recorded towards the bottom of this page some Ravenscourt Park commercial conveyancing firms. You will need to enquire with the solicitors directly to see if they are also authorised to represent Leeds Building Society
My grandfather passed away 10 months ago and as sole heir and executor I was left the house in Ravenscourt Park. The house had a small mortgage remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this possible?
Given you intend to refinance then Co-operative will insist on your using a conveyancer on the Co-operative 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 Co-operative 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 Co-operative mortgage is registered as a charge at the Land Registry.
What can a local search tell me concerning the property my wife and I buying in Ravenscourt Park?
Ravenscourt Park conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations such as Searches UK The local search is essential in every Ravenscourt Park conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a simple, no chain conveyancing. Ravenscourt Park is where the house is located. What do you suggest?
Flying freeholds in Ravenscourt Park are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ravenscourt Park you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ravenscourt Park may determine 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.
My husband and I are first time buyers - had an offer accepted, but the selling agent told us that the seller will only issue a contract if we instruct their recommended conveyancers as they want a ‘quick sale’. We would rather use a local conveyancer used to conveyancing in Ravenscourt Park
It is highly unlikely the vendors are driving this. If they desire ‘a quick sale', turning down a genuine buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make the point that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Ravenscourt Park conveyancing lawyers - rather thanthose that will provide the estate agent a referral fee or achieve conveyancing thresholds set by HQ.