My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Old Stratford. The house had a small mortgage remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this possible?
If you plan 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.
I require expedited conveyancing in Old Stratford as I have a deadline to exchange contracts inside one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not obtaining a home loan you have the choice not to have searches conducted although no conveyancer would suggest that you don't. With lots of history conveyancing in Old Stratford the following are examples of issues that can appear and therefore affect market value: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
three months have elapsed following my purchase conveyancing in Old Stratford took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Old Stratford differ for new build properties?
Most buyers of new build property in Old Stratford contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because house builders in Old Stratford usually acquire the site, 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 Old Stratford or who has acted in the same development.
How do I search for a Old Stratford law firm on the The Mortgage Works conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the lawyer.
Feel free to make use of the search on this page. Please select a bank and your location and you will see a number of Old Stratford conveyancing lawyers based on proximity. We have listed some Old Stratford conveyancing firms towards the end of this page and you can telephone them to check whether they are on the The Mortgage Works panel
I have been sourcing a conveyancing lawyer in Old Stratford for my home move. Is there any facility to see a solicitor's complaints history with the profession’s regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.