I am under pressure from the executor of a property in Wilford to exchange within four weeks. What can I do to expedite matters?
In a situation where you are under pressure for your conveyancing it is advisable to make sure that your conveyancer is familiar with the area as they will make use of local relationships and intelligence. It is even conceivable that they would have conducted previoushouses in the same road. Therefore consider using a Wilford conveyancing lawyer. In addition, be sure that the lawyer is on the on the approved list for your mortgage company. It is said that nearly one in five of Wilford conveyancing deals are delayed or derailed after finding out that a purchaser’s solicitor was not on their mortgage lender’s member panel. This can often result in the conveyancing being frustrated by as much as three weeks. It is believed that this issue affects in the region of one hundred thousand home moves annually. Most Wilford conveyancing practices can not act for certain lenders so do check as early as possible.
Can your site be used to recommend a Conveyancing solicitor in Wilford even if I’m not purchasing or selling a house, for instance where I wish to buy an office in Wilford with a mortgage from Godiva Mortgages Ltd?
Our comparison service is mainly used to select residential conveyancing solicitors in Wilford but we have listed at the bottom of this page a selection of Wilford commercial conveyancing firms. You should speak with the company directly to check if they can also act for Godiva Mortgages Ltd
My grandmother passed away last year and as sole heir and executor I was left the house in Wilford. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this allowed?
Given you intend to refinance then UBS will insist on your using a conveyancer on the UBS 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 UBS 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 UBS mortgage is registered as a charge at the Land Registry.
Just had an offer accepted on a new build flat in Wilford. 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.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Wilford
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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. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Wilford and how can you help?
The 1954 Act gives security of tenure to business lessees, granting the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Wilford
My lawyers in Wilford have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the bank directly.