My aunt passed away six months ago and as sole heir and executor I was left the house in Addlestone. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this possible?
Where you intend to refinance then Barclays will require that you use 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.
A friend advised me that where I am buying in Addlestone I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Addlestone conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Addlestone around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Addlestone Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Addlestone Education with plans and statistics, Local Amenities and other useful data about Addlestone.
I bought my house on 10 November and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Addlestone expressed confidence that it should be formalised in a couple of weeks. Are titles in Addlestone particularly slow to register?
There is nothing unique when it comes to conveyancing in Addlestone registration formalities. As opposed to being determined by geographic area, timeframes can differ subject to the party submitting the application, whether it is in order and if the Land registry communicate with any interested persons or bodies. Currently in the region of three quarters of such applications are fully dealt with within two weeks but occasionally there can be longer hold-ups. Historically registration takes place after the new owner is living at the property therefore registration formalities is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
Just had an offer accepted on a new build apartment in Addlestone. 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 conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Addlestone
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Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I work for a reputable estate agency in Addlestone where we have witnessed a few leasehold sales put at risk as a result of short leases. I have received contradictory information from local Addlestone conveyancing firms. Please can you shed some light as to whether the vendor of a flat can commence the lease extension process for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Following years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Addlestone. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Addlestone conveyancing firm who can help.
An example of a Lease Extension case for a Addlestone premises is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case affected 1 flat. The number of years remaining on the existing lease(s) was 82.93 years.
How much experience do your Addlestone conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Addlestone conveyancing lawyers help thousands of people move home every year and helped lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Addlestone conveyancers have worked on recent similar matters.