My grandfather passed away 10 months ago and as sole heir and executor I was left the house in East Finchley. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this possible?
If you plan to refinance 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 have recentlyfound out that Action Conveyancing have been shut down. They conducted my conveyancing in East Finchley for a purchase of a leasehold apartment 12 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of East Finchley conveyancing specialists.
About to purchase a new build flat in East Finchley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in East Finchley
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Due to the input of my in-laws I had a survey completed on a property in East Finchley before retaining conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor has said that some lenders tend not give a loan on this type of property.
It depends who your proposed lender is. HSBC has different instructions from Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in East Finchley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Finchley to see if the conveyancing costs will increase in light of this.
I'm converting the mortgage on my existing house to a BTL mortgage with Yorkshire Building Society and I will use the rest of the raised equity as a down payment on a second house. The area we are interested in is East Finchley. Will your conveyancers be able to act for both sets of mortgage companies and tie in the two deals?
Make use of our search tool on this page to ensure that the conveyancers are on the relevant lender panels. Assuming that they are your conveyancer should be able to simultaneously deal with the two deals but you should have a chat with you solicitor and specify your expectations and requirements.
As co-executor for the estate of my aunt I am disposing of a residence in Neath but reside in East Finchley. My conveyancer (based 200 miles from meneeds me to sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing solicitor in East Finchley to attest this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are located in East Finchley