My uncle passed away last year and as sole heir and executor I was left the property in Potton. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Nationwide will require that you use 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.
Will commercial conveyancing searches reveal planned roadworks that may affect a commercial premises in Potton?
Many commercial conveyancing solicitors in Potton will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Potton. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Potton.
For each commercial conveyancing transaction in Potton it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Potton commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Potton.
How does conveyancing in Potton differ for newly converted properties?
Most buyers of new build or newly converted property in Potton contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Potton 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 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 Potton or who has acted in the same development.
I am selling my home. My former lawyers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Potton if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Potton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
As co-executor for the estate of my uncle I am disposing of a residence in Neath but I am based in Potton. My solicitor (who is 300 miles from merequires that I sign a statutory declaration prior to completion. Could you suggest a conveyancing practitioner in Potton who can witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are located in Potton
What advice can you give us when it comes to choosing a Potton conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Potton conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non Potton conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:
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How many lease extensions have they completed in Potton in the last 12 months? Can they put you in touch with clients in Potton who can give a testimonial?
Potton Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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For many Potton leaseholds the outlay for major works are not included within maintenance charges, albeit that some managing agents in Potton require leaseholders to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance. You should be aware if it is less than 80 years it will have adverse implications on the marketability of the flat. Check with your bank that they are happy with the length of the lease. A short lease means that you will most likely require a lease extension at some point and you need to have some idea of how much this would cost. For most Pottonlease extensions you would need to own the residence for 24 months before you are legally able to exercise a lease extension. This information is helpful as a) areas could result in problems in the block as the common areas may start to deteriorate if services remain unpaid b) if the tenants have an issue with the managing agents you will wish to have all the details