My grandmother passed away six months ago and as sole heir and executor I was left the house in Harrow Weald. The house had a small mortgage left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
Where you plan to refinance then Santander will insist on your using a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who did the conveyancing in Harrow Weald 5 years ago no longer exist. What are my options?
In today’s world there are duplicates made of almost everything, and your conveyancer will know precisely where to locate all the relevant paperwork so you may purchase or sell your house without any difficulty. If duplicates can’t be located, your lawyer may be able to arrange cover in the form of insurance or indemnities against future claims on your premises.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one round the corner in Harrow Weald I like with amenity areas and station in the vicinity, the downside is that it only has 49 years on the lease. There is not much else in Harrow Weald in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan the shortness of the lease will likely be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.
I am a sole trader wishing to lease a unit on a shopping parade. Can you recommend conveyancers offering no-move-no costs for non-domestic conveyancing in Harrow Weald for under £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Harrow Weald, including the sale and purchase of businesses as well as simply property. Whether you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. Regarding the fees this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your details or call so as to enable us to supply you with comprehensive commercial conveyancing calculation.
I am four weeks into a freehold purchase having been referred to solicitors by the high street agent to do our conveyancing in Harrow Weald. We are not happy. Could you help me find new conveyancers?
They would need to be very poor in order to consider diss instructing them. Has the mortgage offer been sent? In the event that it has you will need to inform them of the new contact details and ensure the loan are re-issued. Your new solicitor ideally should be on the banks panel to avoid added costs and frustration. So that should be your starting point. Our search tool can assist you in finding a lender approved lawyer for your conveyancing in Harrow Weald
I am tempted by the attractive purchase price for a couple of maisonettes in Harrow Weald both have in the region of 50 years remaining on the lease term. Should I regard a short lease as a deal breaker?
A lease is a right to use the property for a period of time. As a lease gets shorter the value of the lease decreases and results in it becoming more costly to acquire a lease extension. For this reason it is often a good idea to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease extension can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this arena.
I inherited a a ground floor purpose built flat in Harrow Weald. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
Most definitely. We can put you in touch with a Harrow Weald conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Harrow Weald flat is flat 93b Welldon Crescent in May 2009. The Tribunals valuation for a 90-year lease extension of this fat was £13,171 This case related to 1 flat. The remaining number of years on the lease was 75.25 years.