My grandmother passed away six months ago and as sole heir and executor I was left the property in Kingsland. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Bank of Ireland will insist on your using a conveyancer on the Bank of Ireland 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 Bank of Ireland 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 Bank of Ireland mortgage is registered as a charge at the Land Registry.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Kingsland?
There are two types of lawyers who can conduct conveyancing in Kingsland namely CLC regulated conveyancers or solicitors. Both professionals provide conveyancing services that you need to complete the disposal or acquisition of property. Both are required to perform Kingsland conveyancing on similar quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly administered and that the requisite procedures should be suitably followed.
This question may be naive but I am new to the home buying as FTB of a garden flat in Kingsland. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will find a local conveyancing solicitor in Kingsland?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you will be able to receive the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
Can you help - my lawyer says that restrictive coveneant insurance is needed on my purchase. What is the level of cover for Kingsland conveyancing?
The right level of restrictive coveneant indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and Barnsley Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
A relative suggested that where I am purchasing in Kingsland I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Kingsland conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Kingsland around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Kingsland Education with maps and statistics, Local Amenities and other useful information regarding Kingsland.
Due to the advice of my in-laws I had a survey completed on a property in Kingsland before retaining conveyancers. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies will not grant a mortgage on this type of property.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. If you contact us we can investigate further with 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 Kingsland. Conveyancing will be smoother if you use a solicitor in Kingsland especially if they regularly deal with such properties in Kingsland.
How simple is it to change firm as I need to find a firm on the Barnsley Building Society conveyancing list. I instructed a local conveyancing solicitor in Kingsland five minutes from me but she is not accepted by Barnsley Building Society
It would be our pleasure to help you select a conveyancing solicitor in Kingsland on the Barnsley Building Society panel. Please note that the solicitors that we list do not pay us a referral fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Kingsland. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Kingsland.
My cousin has encouraged me to instruct his lawyers for conveyancing in Kingsland. Should I find my own conveyancer?
Much as we are happy to recommend a Kingsland conveyancing lawyer the ideal way to select a conveyancing lawyer is to get recommendations from friends or family who have used the conveyancer that you are contemplating using.