It is 10 years ago since I acquired my house in Accrington. Conveyancing lawyers have just been retained on the sale but I can't find the title documents. Is this a problem?
You need not be too concerned. Firstly there is a possibility that the deeds will be with the mortgage company or they may stored with the lawyers who handled the purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Almost all conveyancing in Accrington relates to registered property but in the rare situation where your property is not registered it is more problematic but is not insurmountable.
My grandmother passed away six months ago and as sole heir and executor I was left the property in Accrington. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
Where you plan to re-mortgage then Skipton will require that you use a conveyancer on the Skipton 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 Skipton 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 Skipton mortgage is registered as a charge at the Land Registry.
What does a local search inform me regarding the house I am buying in Accrington?
Accrington conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search is essential in every Accrington conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
How does conveyancing in Accrington differ for newly converted properties?
Most buyers of new build or newly converted property in Accrington approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Accrington typically acquire the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Accrington or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one close by in Accrington I like with amenity areas and transport links nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Accrington for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan that many years may be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
Can a conveyancer remove a name from the title of my property in Accrington ?
Subtracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancer