My grandmother passed away last year and as sole heir and executor I was left the house in Llantrisant. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?
Given you intend to refinance then Nottingham will insist on your using a conveyancer on the Nottingham 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 Nottingham 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 Nottingham mortgage is registered as a charge at the Land Registry.
Have just purchased a probate house at auction in Llantrisant. Conveyancing is necessary. What happens now?
Now that you are to all intents and purposes signed on the dotted line you should choose a conveyancing lawyer as a matter of urgency as you are facing a tight deadline in which to complete the conveyancing. Every auction property will ordinarily have a corresponding auction pack. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction papers should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You must pass this on to your appointed conveyancing solicitor ASAP. You also need to ensure that your finances are in order to complete on the on the contractual date .
About to purchase flat in Llantrisant. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Llantrisant conveyancing practitioner is on the Leeds Building Society conveyancing panel.
At last I have had an offer on an apartment in Llantrisant accepted, the sellers do however have a connected purchase. The sellers have offered on a flat, but it’s not yet tied up, and have viewings of other flats in the pipeline. I have chosen a local conveyancing solicitor in Llantrisant. What should be my next step? When do I get the mortgage application with Leeds Building Society started?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then survey, Llantrisant conveyancing search charges, etc). First, you should check that your conveyancing practitioner is on the Leeds Building Society conveyancing panel. As to the subsequent steps this very much depends on the circumstances of your case, attraction to this property and on the state of the market. In a hot market the majority of home buyers will apply for the mortgage with Leeds Building Society and arrange for the valuation and only if it comes back ok would they pay their conveyancer to press on with the conveyancing in Llantrisant.
How does conveyancing in Llantrisant differ for newly converted properties?
Most buyers of new build residence in Llantrisant approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Llantrisant tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Llantrisant or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Llantrisant I like with open areas and railway links in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Llantrisant suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a home loan that many years will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
I am looking into buying my first house which is in Llantrisant and I am already nervous. I couldn't find anything specific about Llantrisant. Conveyancing will be needed in due course but do you know about the Llantrisant area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Llantrisant. In the meantime here are some basic statistics that we found
It may have been a long time coming a loan agreement from a lender for the refinancing of my 3 bedroom apartment is coming within the next few days. Are you able to recommend an efficient remortgage conveyancing solicitor in Llantrisant ?
This site is not designed to help in pursuit of the lowest fares for conveyancing in Llantrisant. Our intention is to offer excellent value conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing companies offering low cost conveyancing in Llantrisant.In your best case scenario, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up paying a lot in additional fee and still not get the service you were looking for.