My uncle passed away last year and as sole heir and executor I was left the house in Scunthorpe. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this possible?
Where you intend to re-mortgage then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland 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 Bank of Ireland 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 Bank of Ireland mortgage is registered as a charge at the Land Registry.
I am buying a 4 bedroom semi-detached house in Scunthorpe. We would like to carry out a loft conversion at the house.Will the conveyancing process involve enquiries to ascertain if these works are prohibited?
Your solicitor should review the deeds as conveyancing in Scunthorpe will occasionally identify restrictions in the title deeds which prevent categories of alterations or require the permission of another owner. Many extensions call for local authority planning permissions and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
My lawyer has informed me that chancel insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Scunthorpe?
The right level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and The Mortgage Works. Conveyancing lawyers as opposed to borrowers take out such policies.
Intending to buy a house in Scunthorpe. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Scunthorpe conveyancer is on the Kent Reliance conveyancing panel.
I opted to have a survey done on a house in Scunthorpe in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some lenders tend refuse to give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Scunthorpe. Conveyancing may be slightly more expensive based on your lender's requirements.
What is different about your site and alternative web based conveyancing solicitors for conveyancing in Scunthorpe?
At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Scunthorpe. Unlike many estate agents and brokerage sites we do not charge firms a fee if you appoint them for your property ownership legalities in Scunthorpe
Do you have any top tips for leasehold conveyancing in Scunthorpe with the intention of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Scunthorpe can be bypassed where you appoint lawyers as soon as you market your property and ask them to put together the leasehold information needed by the buyers’ lawyers. In the event that you altered the property did you need the Landlord’s consent? In particular have you installed wooden flooring? Scunthorpe leases often stipulate that internal structural alterations or laying down wooden flooring calls for a licence issued by the Landlord consenting to such alterations. If you fail to have the consents in place you should not communicate with the landlord without checking with your conveyancer before hand. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled before the property is put on the market. The buyers and their solicitors will be warry about purchasing a property where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to reveal the dispute as historic rather than unsettled. If you hold a share in a the freehold, you should ensure that you have the original share certificate. Arranging a new share certificate can be a lengthy process and frustrates many a Scunthorpe home move. Where a new share is required, you should approach the company director and secretary or managing agents (where relevant) for this as soon as possible.
Scunthorpe Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
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What restrictions exist in the Scunthorpe Lease? Please note that where the lease has fewer than 80 years it will impact the marketability of the flat. Check with your mortgage company that they are willing to lend given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of what this will be. For most Scunthorpelease extensions you will need to own the property for 24 months before you are eligible to carry out a lease extension.
I see that you have a post code search directory identifying solicitors on the mortgage company conveyancing panel. Do Scunthorpe conveyancing companies pay you a commission if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Scunthorpe.