My aunt passed away 10 months ago and as sole heir and executor I was left the house in Blackfen. 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 Aldermore, pay off the mortgage. Is this possible?
If you plan to re-mortgage then Aldermore will insist on your using a conveyancer on the Aldermore 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 Aldermore 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 Aldermore mortgage is registered as a charge at the Land Registry.
I am looking for a leasehold apartment up to £235,500 and found one close by in Blackfen I like with a park and station in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Blackfen in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage that many years will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
How do I identify a Blackfen law firm on the The Mortgage Works conveyancing panel? I am a keen cyclist and am willing to travel upto 10miles to meet the lawyer.
Feel free to make use of the search on this page. Please choose the lender and your location and you will see a number of Blackfen conveyancing lawyers based on proximity. We have detailed some Blackfen conveyancing firms towards the end of this page and you can contact them to verify if they are on the The Mortgage Works panel
I need to find a conveyancing solicitor for purchase conveyancing in Blackfen. I've land on a site which appears to be the perfect answer If there is a chance to get all formalities completed via phone that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am hoping to complete next month on a studio apartment in Blackfen. Conveyancing solicitors assured me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Blackfen should include some of the following:
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Do you need to have carpet in the flat or are you allowed wood flooring? Details of the parties to the lease, e.g. these could be the (you), superior lessor, freeholder Repair and maintenance of the property Does the lease prevent you from renting out the property, or having a home office for business Advice concerning the obligations in the lease to pay service charges - in relation to the building, and the wider rights a lessee has
My wife and I have hit a brick wall in trying to purchase the freehold in Blackfen. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We are happy to put you in touch with a Blackfen conveyancing firm who can help.
An example of a Lease Extension decision for a Blackfen premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.
Should local authority consent be required to convert a house into a couple of appartments in Blackfen? This has been done to a house opposite to my home in Blackfen and was not aware of the conversion until after the works were complete.
Planning consent is required for converting a single house in Blackfen into apartments but probably not for reverting back to single dwelling-house so, simply put, yes,a it is required.