My uncle passed away six months ago and as sole heir and executor I was left the property in Crews Hill. 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 UBS, pay off the mortgage. Is this allowed?
Given you plan to re-mortgage then UBS will insist on your using a conveyancer on the UBS 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 UBS 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 UBS mortgage is registered as a charge at the Land Registry.
I can see plenty of information on this site regarding conveyancing in Crews Hill but what is your top tip for finding the right conveyancer in Crews Hill
Do not opt for the lowest Crews Hill conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I have paid off my mortgage with Skipton. I assume I don't need a Crews Hill lawyer on the Skipton panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Skipton 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 Skipton mortgage from the register. Skipton, 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 Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
I can not fathom if my bank requires a lease extension. I have called my Crews Hill building society branch on numerous occasions and was told they are content with the situation and they will lend. My Crews Hill conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Your lawyer must comply with the CML Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who handled the conveyancing in Crews Hill 10 years ago have long since closed. What are my options?
You no longer need to have the physical official documentation to evidence that you are the registered proprietor of land or premises, given that the Land Registry have everything they need in a digital format.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Crews Hill I like with open areas and transport links nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Crews Hill for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term will be problematic. Reduce 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 a minimum of twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
I am selling my house. My past lawyers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Crews Hill if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Crews Hill. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Are the Crews Hill conveyancing lawyers identified as being on the mortgage company conveyancing panel, together with their details provided by the mortgage company?
Crews Hill firms and firms conducting conveyancing in Crews Hill themselves provide us confirmation that they are on the lender conveyancing panel as opposed to being supplied with a list from the bank directly.