My mortgage broker says he needs my Pinner law firm’s panel member for the Santander conveyancing panel. What is the best way to find this out. I have contacted my local Pinner branch but they don't know it.
You are best placed to get this information from your Pinner conveyancing practitioner . They keep a central record lender panel numbers.
My grandmother passed away six months ago and as sole heir and executor I was left the house in Pinner. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this allowed?
If you plan to refinance then TSB will insist on your using a conveyancer on the TSB 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 TSB 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 TSB mortgage is registered as a charge at the Land Registry.
I have a 4 bedroom Edwardian property in Pinner. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You should assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Pinner and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing practitioner who carried out the work.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Pinner. 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 legal work.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Pinner
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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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. There must be mutual enforceability of lessee’s covenants.
How easy is it to swap solicitor as I have to instruct a firm on the The Mortgage Works conveyancing list. I instructed a family conveyancing solicitor in Pinner five minutes from me but she is not accepted by The Mortgage Works
It would be our pleasure to assist you select a conveyancing solicitor in Pinner on the The Mortgage Works panel. Please note that the law firms that we list do not pay us fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Pinner. In making use of the find a conveyancing solicitor tool on this site, you can contrast fees for conveyancing solicitors in Pinner and beyond.
I own a leasehold flat in Pinner. Conveyancing was completed in last year. I have heard that I mustn’t allow the the remaining lease term to get too short. Is this correct?
Pinner domestic long term leases are for a set term - normally 99 years when they started. However many flats in Pinner were constructed or converted 25 or more years ago and so these leases now have fewer than eighty years remaining. That may sound like a long time but Banks, Building Societies and other mortgage institutions on the whole require leases to have at least 75 years left to adequate security. This means that when you come to sell the property you will need a lease extension if you are nearing eighty years. To maximise your property value you should be thinking about whether or not to extend your lease long before you come to sell it. Please note that there are significant benefits to doing so before the lease reaches even eighty years as when the lease falls below eighty years the premium you have to pay to extend starts to escalate.