My grandfather passed away six months ago and as sole heir and executor I was left the property in Arundel. The house had a small mortgage remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this allowed?
Given you intend to re-mortgage then Nottingham will insist on your using a conveyancer on the Nottingham 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 Nottingham 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 Nottingham mortgage is registered as a charge at the Land Registry.
What can a local search reveal regarding the house I am buying in Arundel?
Arundel conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Onsearch The local search plays a central part in many a Arundel conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search should reveal information on, amongst other things, details on planning applications applicable to the property (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 subject sections.
four months have elapsed since my purchase conveyancing in Arundel concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Arundel differ for new build properties?
Most buyers of new build premises in Arundel contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Arundel tend to buy the site, 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 conveyancers 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 accustomed to new build conveyancing in Arundel or who has acted in the same development.
What makes your site different to other online quote calculators for conveyancing in Arundel?
At this site receive an accurate costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Arundel. As opposed to estate agents and many comparison sites we do not charge firms a commission if you choose them for your property ownership legalities in Arundel
My husband and I are first time buyers - had an offer accepted, yet the selling agent has warned us that the owners will only move forward if we appoint their recommended conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Arundel
We suspect that the seller is not behind this demand. Should the owner require ‘a quick sale', taking such a hostile approach to a motivated purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make the point that (a)you are genuine buyers (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you intend to instruct your own,trusted Arundel conveyancing solicitors - not the ones that will earn their negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by head office.