My grandfather passed away six months ago and as sole heir and executor I was left the house in Anerley. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this possible?
Given you intend to re-mortgage then Principality will require that you use a conveyancer on the Principality 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 Principality 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 Principality mortgage is registered as a charge at the Land Registry.
My relative suggested that if I am purchasing in Anerley 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 included in the estimate for your Anerley conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Anerley around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Anerley Education with maps and statistics, Local Amenities and other useful information concerning Anerley.
I am buying my first flat in Anerley with a loan from Godiva Mortgages Ltd. The builders would not move on the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not disclose to my solicitor about the side-deal as it would affect my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Anerley is where the house is located. Is there any guidance you can impart?
Flying freeholds in Anerley are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Anerley you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Anerley may ascertain 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 premises.
In my capacity as executor for the estate of my uncle I am selling a residence in Newport but live in Anerley. My conveyancer (who is 235 kilometers from merequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Anerley to attest and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Anerley based
It may have been a long time coming a loan offer from a lender for the refinancing of my 2 bedroom garden flat is due any day now. Are you able to suggest a cheap remortgage conveyancing lawyer in Anerley ?
You are on the wrong site if you are in need of the cheapest conveyancing solicitors in Anerley. We can offer you excellent value conveyancing but our intention is not to work with the cheapest lawyers. Resist the temptation to appoint brokers offering £99 conveyancing in Anerley.At best, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up invoiced for extras and still not get the service required.