My grandfather passed away 10 months ago and as sole heir and executor I was left the house in Wednesbury. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this allowed?
Where you plan to re-mortgage then Principality will require that you use a conveyancer on the Principality 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 Principality 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 Principality mortgage is registered as a charge at the Land Registry.
We are purchasing a house in Wednesbury. I might seem paranoid but how we can trust a solicitor? On the day of competition we have to put funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
This question may be naive but I am wet behind the ears as a first time purchaser of a garden flat in Wednesbury. Do I collect the keys to the property on completion from my conveyancer? If this is the case, I will find a High Street conveyancing solicitor in Wednesbury?
On the day of completion you do not need to attend the conveyancers office in Wednesbury. Conveyancing lawyers for you will transfer the purchase money to the owner’s solicitors, and once they have received this, you will be called to receive the keys from the property Agents and start moving into the property. Usually this occurs between 1 and 3pm.
We are due to move house in June. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Wednesbury. Conveyancing solicitor was found prior to coming across your site.
On the day of completion you can collect the keys from your estate agent but this should only happen once the sellers conveyancers advise the agent that they have the completion monies and the keys can be released. Subsequently you can inform the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can assist you in locating a residential property solicitor in Wednesbury or a lawyer with expertise in conveyancing in Wednesbury.
I am buying a new build flat in Wednesbury. Conveyancing is daunting 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.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Wednesbury
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. 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.
Due to the input of my in-laws I had a survey completed on a house in Wednesbury in advance of retaining solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks tend refuse to grant a mortgage on this type of home.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you contact us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Wednesbury. Conveyancing will be smoother if you use a solicitor in Wednesbury especially if they are acquainted with such properties in Wednesbury.
Hoping to buy a property located in Wednesbury and I am already nervous. I couldn't find anything specific about Wednesbury. Conveyancing will be needed in due course but do you know about the Wednesbury area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Wednesbury. In the meantime here are some basic statistics that we found
In my capacity as executor for the will of my aunt I am selling a residence in Newport but live in Wednesbury. My lawyer (based 300 miles awayneeds me to sign a statutory declaration before the transaction finalising. Can you recommend a conveyancing practitioner in Wednesbury who can attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in Wednesbury