My aunt passed away six months ago and as sole heir and executor I was left the property in Bordon. The house had a small mortgage remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this allowed?
Where you intend to re-mortgage then Barclays will insist on your using 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.
I am expecting a DIP from Principality this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Principality recommend any Bordon solicitors on the Principality conveyancing panel, or is it better to go independently?
You will need to appoint Bordon solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.
About to purchase apartment in Bordon. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Bordon conveyancer is on the Clydesdale conveyancing panel.
I have instructed a Bordon property lawyer having checked that they are on the Co-operative conveyancing panel. Does my lawyer arrange the survey of the property?
Co-operative will need an independent valuation of the property. Your lawyer will not arrange this. Usually Co-operative will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Bordon postcode. As you are getting a mortgage with Co-operative, you could contact them to see if they have a list of approved surveyors in Bordon.
What does a local search reveal concerning the house I am purchasing in Bordon?
Bordon conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example Xpress Legal The local search is essential in every Bordon conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search will supply data 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 13 subject sections.
I am looking to sell my house. My past solicitors closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Bordon if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Bordon. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £325,000 apartment in Bordon on Monday in a week. The management company has quoted £300 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Bordon?
Bordon conveyancing on leasehold maisonettes normally requires the buyer’s conveyancer submitting questions for the landlord to address. Although the landlord is not legally bound to respond to such questions most will be content to assist. They may invoice a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is in excess of £800. The management information fee invoiced by the landlord must be sent together with a summary of entitlements and obligations in relation to administration fees, otherwise the charge is not strictly payable. In reality one has little choice but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
Bordon Leasehold Conveyancing - Examples of Queries Prior to Purchasing
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What is the service charge and ground rent on the property? This information is useful as a) areas could result in problems in the block as the common areas may begin to deteriorate where services remain unpaid b) if the leaseholders have an issue with the running of the building you will need to have all the details
How varied are the property related services that Bordon conveyancing practices supply?
By and large Bordon conveyancing companies manage to provide various legal advice to residential and agricultural land proprietors, sellers, investors, landlords and tenants and you can expect them to help you with some of the following services:
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House sale conveyancing in Bordon or nationally
Private residential purchase conveyancing in Bordon and also around the country
Property related matters arising from relationship breakdown. Staircasing and Equity Loan Redemption Adverse possession claims — advising you if you have a claim to ownership of land in Bordon through a prolonged period of occupation or if the property you are buying or selling may be subject to such a claim Shared equity purchase (part buying and part renting)