We are looking to buy a house and need a conveyancing solicitor in Aldermanbury who is on the Virgin Money solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Aldermanbury.
My grandmother passed away last year and as sole heir and executor I was left the house in Aldermanbury. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this allowed?
If you plan to re-mortgage then Leeds Building Society will insist on your using a conveyancer on the Leeds Building Society 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 Leeds Building Society 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 Leeds Building Society mortgage is registered as a charge at the Land Registry.
What is the difference between a licensed conveyancer and conveyancing solicitor in Aldermanbury
There are many registered licenced Conveyancers in Aldermanbury and Solicitor practices in Aldermanbury offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal work in the home buying process. The two can deal with associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
This question may be naive but I am unseasoned as FTB of a garden flat in Aldermanbury. Do I collect the keys to the house on the completion date from my lawyer? If so, I will find a local conveyancing solicitor in Aldermanbury?
On the day of completion you do not need to go to the conveyancers office in Aldermanbury. Your solicitors will transfer the purchase money to the vendor’s lawyers, and once they have received this, you will be called to pick up the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
I have today made my last payment due on my mortgage with Coventry BS. I assume I don't need a Aldermanbury lawyer on the Coventry BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
I require quick conveyancing in Aldermanbury as I am faced with a deadline to complete within 2 weeks. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save fees and time?
As you are not taking a home loan you have the choice not to do searches although no lawyer would recommend that you don't. With plenty of history conveyancing in Aldermanbury the following are instances of what can arise and therefore affect future mortgageability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
About to purchase a new build flat in Aldermanbury. Conveyancing is necessary evil 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.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Aldermanbury
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I have been Googling for Aldermanbury competitive conveyancing fees. Can I be confident that all the Aldermanbury practices that are listed on your directory are on the bank conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a lender or a member of the public that the data about a specific Aldermanbury conveyancing solicitor being on the bank conveyancing panel is incorrect.