My grandmother passed away last year and as sole heir and executor I was left the property in Kings Lynn. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this allowed?
Given you plan to refinance then HSBC will require that you use a conveyancer on the HSBC 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 HSBC 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 HSBC mortgage is registered as a charge at the Land Registry.
Will commercial conveyancing searches reveal planned roadworks that may affect a commercial land in Kings Lynn?
Its becoming the norm that commercial conveyancing solicitors in Kings Lynn will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Kings Lynn. The report provides definitive information 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 Kings Lynn.
For each commercial conveyancing transaction in Kings Lynn it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Kings Lynn commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Kings Lynn.
I am looking for a ground for flat up to £235,500 and identified one near me in Kings Lynn I like with amenity areas and railway links nearby, however it's only got 49 years on the lease. I can't really find anything else in Kings Lynn for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
I'm converting the mortgage on my primary home to a BTL loan with Accord Mortgages Ltd and I will use the ballance of the raised equity towards a second house. The area we are interested in is Kings Lynn. Will your lawyers be able to act for the two mortgage companies and link together the two deals?
Make use of our comparison tool on this site to be sure that the conveyancers are approved by both banks. Having checked that they are the lawyer will be able to connect the two conveyancing matters but you should talk with you lawyer and communicate your desired outcome and needs.
My husband and I are 14 days into a freehold purchase having been referred to conveyancers by the estate agent to execute conveyancing in Kings Lynn. I am am extremely disappointed with the level of service. Could you you assist me in finding new lawyers?
A conveyancer would need to be really poor to suggest diss instructing them. Has your mortgage offer been generated? In the event that it has you must make them aware of the replacement solicitor and get the offer are issued to the new lawyers. The conveyancer should be on the mortgage company approved list to avoid supplemental charges and delays. So that should be your starting point. Our search tool will assist you in finding a bank approved solicitor for your home move in Kings Lynn
My brother mentioned that before selecting a conveyancing solicitors they need approved by your mortgage company. I am first time buyer with but I have an AIP from Nat West Bank and I already have a local conveyancing lawyer in Kings Lynn lined up. Will Birmingham Midhshires insist on an approved solicitor to be instructed? Does a list of panel solicitors even exist so I can appoint a conveyancing lawyer in Kings Lynn?
You need to choose a solicitor that is on the Birmingham Midhshires panel. Just ring your preferred Kings Lynn conveyancing solicitor and ask if they are on the Birmingham Midhshires panel. If they are not approved you have a couple of choices available to you here:
- Complete the deal with your chosen Kings Lynn solicitor but Birmingham Midhshires will need to instruct a property lawyer on their conveyancing panel. This will result in additional fees together with potential frustration.
- Get a fresh solicitor to act in the purchase, ensuring that they are on the Birmingham Midhshires conveyancing panel.
- Convince your lawyer to do everything within their powers to get listed on the Birmingham Midhshires panel of solicitors.