As someone unfamiliar with the Whissendine conveyancing process what’s the number one tip you can impart for the ownership transfer in Whissendine
Not many law firms shout this from the rooftops but conveyancing in Whissendine or throughout Rutland is often a confrontational process. In other words, when it comes to conveyancing there is an abundance of room for friction between you and others involved in the house moving process. For instance, the vendor, estate agent and even potentially your lender. Selecting a solicitor for your conveyancing in Whissendine an important selection as your conveyancer is your adviser, and is the ONLY person in the process whose role it is to look after your legal interests and to protect you.
We are witnessing a distinct increase in the "blame" culture- someone has to be blamed for the process taking so long. We recommend that you should always trust your conveyancer above the other players when it comes to the legal transfer of property.
My uncle passed away last year and as sole heir and executor I was left the house in Whissendine. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this possible?
If you plan to re-mortgage then Barclays will insist on your using a conveyancer on the Barclays 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 Barclays 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 Barclays mortgage is registered as a charge at the Land Registry.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who did the conveyancing in Whissendine 5 years ago no longer exist. Will I be able to sell the house?
Assuming the title is registered the details of your ownership will be documented by HMLR under a Title Number. It is easy to perform a search at the Land Registry, locate your property and obtain current copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
How does conveyancing in Whissendine differ for new build properties?
Most buyers of new build premises in Whissendine contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is built. This is because developers in Whissendine usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Whissendine or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Whissendine before appointing solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies may not issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Whissendine. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my property. My former solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Whissendine if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Whissendine. 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.