My partner and I are nearing an exchange on a house in Wormwood Scrubs and my mum and dad have transferred the ten percent deposit to my property lawyer. I am now told that as the deposit has been sent from someone other than me my solicitor needs to disclose this to my mortgage company. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I informed the bank regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The property lawyer is duty bound to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your lender if you agree, failing which, your lawyer must cease to continue acting.
My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Wormwood Scrubs. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Clydesdale, pay off the mortgage. Is this allowed?
Where you plan to refinance then Clydesdale will require that you use a conveyancer on the Clydesdale 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 Clydesdale 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 Clydesdale mortgage is registered as a charge at the Land Registry.
We are planning to move home in September. Will my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you put forward a removal company in Wormwood Scrubs. Conveyancing solicitor was chosen before I stumbled across this website.
On the day of completion you can pick up the house keys from your estate agent but this can only happen after the previous owners solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be passed over. Subsequently you will need to tell the removal men that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can help you locate a residential property solicitor in Wormwood Scrubs or a legal practice that specialises in conveyancing in Wormwood Scrubs.
I am buying a 4 bedroom semi-detached house in Wormwood Scrubs. The intention is to an extension at the rear at the property.Will the conveyancing process involve investigations to determine if these alterations are allowed?
Your solicitor should review the deeds as conveyancing in Wormwood Scrubs will occasionally reveal restrictions in the title deeds which restrict certain alterations or require the consent of another owner. Some extensions need local authority planning consent and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these things with a surveyor before you commit yourself to a purchase.
I have instructed a Wormwood Scrubs conveyancer having checked that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Wormwood Scrubs postcode. As you are getting a mortgage with Leeds Building Society, you could contact them to see if they have a list of approved surveyors in Wormwood Scrubs.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Wormwood Scrubs is the location of the property. Can you shed any light on this issue?
Flying freeholds in Wormwood Scrubs are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wormwood Scrubs you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wormwood Scrubs may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Having had my offer accepted I require leasehold conveyancing in Wormwood Scrubs. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and most are in Wormwood Scrubs - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a basement flat in Wormwood Scrubs. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?
if there is a missing landlord or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to assess the price payable.
An example of a Freehold Enfranchisement decision for a Wormwood Scrubs residence is 23 & 23A Collingbourne Road in June 2013. Tribunal was dealing with the assessment of the value of the freehold reversion and determination of the terms of the acquisition pursuant to an Order of District Judge Lightman dated 25 February 2013 vesting the freehold interest in the property in the applicant. The tribunal assessed the price of the freehold (to which any arrears or other sums due to the missing landlord under the leases should be added) at £81,638. This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 64.5 years.
What can I do to find out who is the owner of a house in Wormwood Scrubs?
As long as the premises is registered with HM Land Registry, and you have sufficient information of the location of the property, you should be able to view details from the HM Land Registry of the registered proprietor for a for less than a fiver.