My aunt passed away six months ago and as sole heir and executor I was left the property in Totteridge. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this allowed?
If you plan 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.
We are buying a victorian detached house in Totteridge. Our aim is to carry out an extension to the side at the house.Will the conveyancing process include enquiries to see if these alterations were previously refused?
Your property lawyer should review the registered title as conveyancing in Totteridge will sometimes reveal restrictions in the title deeds which prevent certain changes or necessitated the permission of a 3rd party. Many works need local authority planning consent and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
Is it the case that all Totteridge CQS (Conveyancing Quality Scheme) solicitors are on the RBS conveyancing panel?
Some major lenders now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
We previously instructed conveyancers based in Totteridge on the Leeds Building Society solicitor approved list. They have just invoiced me a separate amount for the legal aspects of the Leeds Building Society mortgage. Is this a supplemental conveyancing fee specified by Leeds Building Society?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your lawyer can charge a fee for this. This fee is not dictated by Leeds Building Society but by your Totteridge solicitor. Numerous firms on the Leeds Building Society panel will quote ’dealing with mortgage’ fee and others do not.
Me and my brother have a renovated Georgian property in Totteridge. Conveyancing practitioner represented me and Clydesdale. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Totteridge and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing lawyer who carried out the work.
I am buying a new build apartment in Totteridge. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Totteridge
-
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
As co-executor for the estate of my grandfather I am selling a property in Neath but I am based in Totteridge. My solicitor (who is 260 kilometers awayrequires that I execute a statutory declaration before completion. Could you suggest a conveyancing lawyer in Totteridge to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are based in Totteridge
Should I cancel my mortgage payments with Yorkshire BS once a completion date for my sale in Totteridge has been agreed?
No, you must maintain meeting any mortgage payments to Yorkshire BS pending the mortgage being discharged out of the proceeds of sale as part of your Totteridge conveyancing.