My aunt passed away last year and as sole heir and executor I was left the house in Lake District. 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 Coventry BS, pay off the mortgage. Is this possible?
Where you intend to refinance then Coventry BS will insist on your using a conveyancer on the Coventry BS 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 Coventry BS 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 Coventry BS mortgage is registered as a charge at the Land Registry.
I am assisting my aunt sell her flat in Lake District. Does the conveyancer arrange the energy performance certificate or should I organise this?
After the abolition of HIPs, energy assessments was left as a compulsory part of selling a house. An energy assessment must be to hand in advance of the property being marketed. It is not as aspect of the sale process that conveyancers ordinarily organise. If you are instructing a Lake District conveyancing practitioner they might be able to arrange energy assessments due to their contacts with long established Lake District providers
Does a directory service exist listing TSB panel conveyancers in Lake District on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings open the public over the internet. Where you are seeking to appoint a Lake District property lawyer on the TSB please make the most of our tool.
Nottingham have agreed my home loan in principle, my offer on a flat in Lake District has been agreed to, what are the next steps?
The estate agent will need to be informed of your conveyancer's details (ensure that the lawyers are on the lender’s approved list). Call up Nottingham or the broker and finalise any appropriate documentation. Nottingham will sellect a valuer who will get in touch with the selling agent or owners to book an appointment. Once carried out (assuming no problems) it takes about a fortnight to receive the mortgage offer. Nottingham will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Lake District.
I purchased a terraced Edwardian property in Lake District. Conveyancing lawyer acted for me and Birmingham Midshires. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the matching property. Is it worth asking Birmingham Midshires to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lake District and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing lawyer who conducted the purchase.
I am buying a new build flat in Lake District. Conveyancing is a frightening process 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.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Lake District
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Hoping to buy a property located in Lake District and I am already nervous. I couldn't find anything specific about Lake District. Conveyancing will be needed in due course but do you know about the Lake District area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Lake District. In the meantime here are some basic statistics that we found
My partner and I have recently had an offer accepted on our first house in Lake District, and are now looking to get solicitors instructed. I have utilised the various comparison based websites and the results are from all across the the UK. Is it important to have a Lake District solicitor local to your prospective property? I am content to do everything electronically, but I am thinking at some point we will need to physically go into the solicitor's office to sign documents?
The conveyancing practitioner does not need to be in Lake District, but choosing local means that you have the option to go in if required, for instance, if a signature is needed urgently. Furthermore, a Lake District solicitor have established relationships with local agents and (if the vendor has chosen a local conveyancing practitioner) with them, which will help keep things moving faster.