My uncle passed away six months ago and as sole heir and executor I was left the property in Market Deeping. The house had a relatively small loan left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this allowed?
If you plan to refinance then Nationwide will insist on your using a conveyancer on the Nationwide 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 Nationwide 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 Nationwide mortgage is registered as a charge at the Land Registry.
What is the difference between a licensed conveyancer and conveyancing solicitor in Market Deeping
There are many recorded licenced Conveyancers in Market Deeping and Solicitor firms in Market Deeping who can assist with your conveyancing It is important to make clear that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. They may both also handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Forgive me if this question is silly but I am new to the house moving as FTB of a ground floor flat in Market Deeping. Do I pick up the keys to the house on the completion date from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Market Deeping?
On the day of completion you will not be required to attend the conveyancers office in Market Deeping. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you should be called to pick up the keys from the property Agents and start moving into the property. This tends to happen between 1 and 3pm.
I had an offer accepted on a property in Market Deeping on 14/4/2025, valuation was booked 4 days after, received a clean bill of health. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to Coventry BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Coventry BS conveyancing panel. Are Coventry BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Coventry BS to deal with your lawyer's application to be on the Coventry BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Have purchased a a semi-detached house in Market Deeping , how long will it take for the Land Registry to register my ownership? My Market Deeping conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.
As far as conveyancing in Market Deeping registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can vary depending on the party submitting the application, whether there are errors and if the Land registry need to notify any 3rd persons or bodies. At present approximately 80% of such applications are fully addressed within 12 days but occasionally there can be extensive delays. Historically registration is effected after the buyer is living at the property so post completion formalities is not usually top priority yet if there is a degree of urgency associated with the registration then you or your lawyers should communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the input of my in-laws I had a survey completed on a property in Market Deeping before appointing lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may refuse to give a loan on such a house.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you e-mail us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Market Deeping. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Market Deeping to see if the conveyancing will be more expensive.
Is there anything unique about your site and alternative internet conveyancing brokers when it comes to conveyancing in Market Deeping?
At this site secure an accurate quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Market Deeping. Unlike many estate agents and brokerage sites we do not operate referral deals with solicitors. Many agents and online brokers 'recommend' solicitors paying the most kickback, rather than the best value conveyancing in Market Deeping
Do you have any advice for leasehold conveyancing in Market Deeping with the purpose of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Market Deeping can be reduced where you instruct lawyers the minute you market your property and ask them to put together the leasehold documentation needed by the buyers’ solicitors. You believe that you know the number of years left on your lease but it would be wise to double-check by asking your lawyers. A purchaser's lawyer will not be happy to advise their client to to exchange contracts if the remaining number of years is below 80 years. It is therefore essential at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. The majority of freeholders or Management Companies in Market Deeping charge for providing management packs for a leasehold home. You or your lawyers should enquire as to the actual amount of the charges. The management pack sought on or before finding a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most usual reason for delay in leasehold conveyancing in Market Deeping. If you have the benefit of shareholding in the freehold, you should ensure that you have the original share certificate. Organising a duplicate share certificate can be a time consuming process and frustrates many a Market Deeping conveyancing deal. Where a new share is required, do contact the company officers or managing agents (where relevant) for this as soon as possible.
I own a split level flat in Market Deeping, conveyancing was carried out 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Market Deeping with an extended lease are worth £186,000. The ground rent is £55 yearly. The lease comes to an end on 21st October 2077
With just 52 years left to run we estimate the price of your lease extension to be between £29,500 and £34,000 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.