My grandfather passed away last year and as sole heir and executor I was left the house in Delabole. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this allowed?
Given you intend to refinance then Kent Reliance will require that you use a conveyancer on the Kent Reliance 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 Kent Reliance 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 Kent Reliance mortgage is registered as a charge at the Land Registry.
My wife and I buying a end of terrace house in Delabole. Our aim is to carry out a loft conversion at the property.Will legal conveyancing on the property include enquiries to ascertain if these works are allowed?
Your conveyancer will check the registered title as conveyancing in Delabole can occasionally reveal restrictions in the title documents which restrict categories of works or need the consent of another owner. Some works call for local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these things with a surveyor before you commit yourself to a purchase.
Can you point me to a directory of Virgin Money panel conveyancers in Delabole on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the CML or Building Society Association sites. Very few lending institutions make their panel listings viewable on the web. If you are looking for a Delabole lawyer on the Virgin Money please use our facility.
I am purchasing a property in Delabole. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Kent Reliance be concerned?
Given that you are obtaining a mortgage with Kent Reliance your lawyer must check the conveyancing requirements outlined in Section two of UK Finance Lenders’ Handbook for Kent Reliance. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Kent Reliance where a lease fails to meet these provisions. The conditions relate to the installation of panels on properties in England and Wales and is not restricted to Delabole.
I have been told that property searches are a common reason for delay in Delabole house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Delabole.
Are there restrictive covenants that are commonly picked up during conveyancing in Delabole?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Delabole. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Delabole differ for new build properties?
Most buyers of new build property in Delabole approach us having been asked by the seller to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Delabole usually purchase 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 conveyancing solicitors 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 Delabole or who has acted in the same development.
What is the difference between surveying and conveyancing in Delabole?
Conveyancing - in Delabole or elsewhere - is the legal term given to transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are intending to buy and will help you find out about the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the seller to remedy the defects before you complete your move.