My grandfather passed away last year and as sole heir and executor I was left the house in Silsworth. 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 Clydesdale, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Clydesdale will require that you use a conveyancer on the Clydesdale 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 Clydesdale 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 Clydesdale mortgage is registered as a charge at the Land Registry.
I am close to exchanging contracts on the sale of our property in Silsworth and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers instructed an internet conveyancing outfit rather than a conveyancing solicitor in Silsworth. We have lived in Silsworth for many years we know that this is a non issue. Do we contact our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing lawyer already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
It has been 3 months following my purchase conveyancing in Silsworth concluded. I have checked the Land Registry site 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 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.
Due to the guidance of my in-laws I had a survey completed on a house in Silsworth ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some banks tend refuse to grant a mortgage on this type of premises.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Silsworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Silsworth to see if the conveyancing will be more expensive.
I am 14 days into a leasehold purchase having been referred to a firm by the local agent to handle our conveyancing in Silsworth. I am am extremely disappointed with the level of service. Could you you assist me in finding new conveyancers?
They would need to be really poor in order to consider diss instructing them. Has the mortgage been sent? In the event that it has you need to advise them of the replacement conveyancer and ensure the loan are re-sent. Your solicitor ideally should be on the lenders approved list to avoid escalating costs and frustration. That should be your first question of the new lawyers. The search tool will help you find a bank approved conveyancer for your conveyancing in Silsworth
Due to sign contracts shortly on a leasehold property in Silsworth. Conveyancing lawyers inform me that they are sending me a report within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Silsworth should include some of the following:
-
Advice as to the provision as set out in the lease to pay service charges - with regard to both the building, and the wider rights a tenant has Repair and maintenance of the property specifics of the parties to the lease, e.g. these could be the tennant, superior lessor, freeholder Does the lease require carpeting throughout thus preventing wood flooring? Does the lease prevent you from renting out the flat, or having a home office for business
Silsworth Leasehold Conveyancing - Sample of Questions you should consider before Purchasing
-
Best to be warned if a new roof is being installed or some other major work is coming up that will be shared amongst the leasehold owners and will materially increase the the maintenance costs or necessitate a specific invoice. The best form of lease arrangement is where the freehold interest is owned by the leaseholders. In this scenario the lessees have control and although a managing agent is usually employed if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Generally speaking the outlay for major works tend not to be built into the service charges, albeit that some managing agents in Silsworth require leaseholders to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance.