My uncle passed away 10 months ago and as sole heir and executor I was left the house in Greenhithe. 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 TSB, pay off the mortgage. Is this allowed?
Where you plan to refinance then TSB will require that you use a conveyancer on the TSB 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 TSB 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 TSB mortgage is registered as a charge at the Land Registry.
Should commercial conveyancing searches reveal planned roadworks that could impact a commercial estate in Greenhithe?
Many commercial conveyancing solicitors in Greenhithe will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Greenhithe. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Greenhithe.
For each commercial conveyancing transaction in Greenhithe it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Greenhithe commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Greenhithe.
It has been 4 months since my purchase conveyancing in Greenhithe completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey completed on a property in Greenhithe before instructing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will not give a loan on this type of premises.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you contact us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Greenhithe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Greenhithe to see if the conveyancing costs will increase in light of this.
Do I need to be wary about brokers that I am dealing with are encouraging me to use an internet conveyancing firm as opposed to a High Street Greenhithe conveyancing firm?
As is the case with many professional services, often recommendations from relatives can be worth their weight in gold. Yet there are numerous players in a conveyancing transaction; estate agents, financial adviser and lenders may suggest solicitors to appoint. Sometimes these lawyers might be known to one of the organisations as one of the best in their field, but sometimes there exists a commercial relationship behind the endorsement. You are free to appoint your own conveyancer. Don't forget that some lenders have an approved list of lawyers you have to use for the lender related work in your home move.
I need to find a conveyancing solicitor for purchase conveyancing in Greenhithe. I happened to discover a web site which looks to be the ideal solution If there is a chance to get all formalities done via web that would be preferable. Should I be wary? What are the potential pitfalls?
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?