My grandmother passed away last year and as sole heir and executor I was left the house in Plympton. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Where you intend to refinance then Kent Reliance will insist on your using a conveyancer on the Kent Reliance 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 Kent Reliance 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 Kent Reliance mortgage is registered as a charge at the Land Registry.
I need some expedited conveyancing in Plympton as I am under an ultimatum to sign on the dotted line within one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to have searches conducted although no solicitor would advise that you don't. With plenty of history conveyancing in Plympton the following are examples of what can show up and adversely impact the marketability of the property: Enforcement Notices, Outstanding Fees, Overdue Grants, Unadopted Roads,...
4 months have gone by following my purchase conveyancing in Plympton completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 asset 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 Plympton differ for newly converted properties?
Most buyers of new build residence in Plympton approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Plympton typically acquire 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 property lawyers 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 accustomed to new build conveyancing in Plympton or who has acted in the same development.
What tools are available to search for a Plympton law firm on the Chelsea Building Society conveyancing panel? I drive a motor bike and am prepared to travel upto 10miles to meet the solicitor.
Feel free to make use of the tool on this website. Please pick a bank and your location and you will see a number of Plympton conveyancing lawyers based on proximity. We have listed some Plympton conveyancing firms at the bottom of this page and you can ring them to check if they are on the Chelsea Building Society member panel
In searching the world wide web for the phrase cheap conveyancing in Plympton it shows results of numerous property lawyersin the vicinity. How do I determine which is the right conveyancer for purchase transaction?
The best method of seeking a suitable conveyancer is through a trusted testimonial, so seek the guidance of colleagues and relatives who have purchased a property in Plympton or a reputable estate agent or mortgage broker. Charges for conveyancing in Plympton vary, so it's sensible to request at least four fee calculations from different property lawyers. Be sure to secure confirmation that the fees are fixed.