My uncle passed away last year and as sole heir and executor I was left the property in Royal Tunbridge Wells. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this possible?
If you intend to refinance then Yorkshire BS will require that you use a conveyancer on the Yorkshire BS 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 Yorkshire BS 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 Yorkshire BS mortgage is registered as a charge at the Land Registry.
What does a local search tell me about the property I am purchasing in Royal Tunbridge Wells?
Royal Tunbridge Wells conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Searchflow The local search is essential in every Royal Tunbridge Wells conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
How does conveyancing in Royal Tunbridge Wells differ for newly converted properties?
Most buyers of new build residence in Royal Tunbridge Wells contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Royal Tunbridge Wells tend to 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 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 used to new build conveyancing in Royal Tunbridge Wells or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Royal Tunbridge Wells is the location of the property. Can you shed any light on this issue?
Flying freeholds in Royal Tunbridge Wells are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Royal Tunbridge Wells you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Royal Tunbridge Wells may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How do I search for a Royal Tunbridge Wells law firm on the Britannia conveyancing panel? I drive a motor bike and am prepared to travel upto 10miles to meet the lawyer.
Feel free to make use of the facility on this page. Please select a bank and your location and you will see a number of Royal Tunbridge Wells conveyancing lawyers locally. We have listed some Royal Tunbridge Wells conveyancing firms towards the end of this page and you can call them to see whether they are on the Britannia member panel
My husband and I are a fortnight into a leasehold purchase having been recommend to conveyancers by the high street agent to carry out the conveyancing in Royal Tunbridge Wells. We are not happy. Could you you assist me in finding new lawyers?
They would need to be really bad in order to consider diss instructing them. Has your mortgage been sent? In the event that it has you will need to make them aware of the new lawyer and get the mortgage documents are re-issued. Your solicitor ideally needs to be on the lenders approved list to avoid escalating charges and frustration. That should be your starting point. Our search tool should help you find a lender approved conveyancer for your conveyancing in Royal Tunbridge Wells