My aunt passed away 10 months ago and as sole heir and executor I was left the property in Silverdale. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Lloyds, pay off the mortgage. Is this allowed?
Where you intend to re-mortgage then Lloyds will insist on your using a conveyancer on the Lloyds 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 Lloyds 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 Lloyds mortgage is registered as a charge at the Land Registry.
I am purchasing a property and the lawyer has raised the issue of Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this really necessary for conveyancing in Silverdale
Unless a previous acquisition of the house took place after 12 October 2013 you can expect lawyers conducting conveyancing in Silverdale to continue to propose a a chancel search and or insurance against a claim.
I have justfound out that Wolstenholmes have been shut down. They conducted my conveyancing in Silverdale for a purchase of a leasehold flat 10 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Silverdale conveyancing specialists.
I opted to have a survey done on a property in Silverdale prior to retaining lawyers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some banks will refuse to give a loan on such a property.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. If you contact us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Silverdale. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Silverdale to see if the conveyancing will be more expensive.
Am I best advised to instruct a Silverdale conveyancing solicitor in close proximity to the house I am buying? I have an old university friend who can handle the legal work but they are based 400kilometers drive away.
The benefit of a high street Silverdale conveyancing practice is that you can pop in to sign documents, present your ID and apply pressure on them where appropriate. They will also have local knowledge which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and in the main were impressed that should surpass using an unknown Silverdale conveyancing lawyer solely due to them being round the corner.
As a leasehold owner I am on the hook for a service charge for my property in Silverdale. As a result of personal circumstances I slipped behind with payments. I negotiated a clearance plan but there remains three grand outstanding at the current time.
I am under pressure to dispose of the property and I am concerned this could hold me back if I have to settle the amount due first. I'd like to sell up and subsequently repay the arrears from the completion monies - is this viable?
Your lawyer should be able to negotiate with the appropriate parties, and agree with them whether or not they would accept payment from completion monies. Here is an example of why it might be good to choose a lawyer in Silverdale as they may well enjoy an open line of communication with the management company.