My uncle passed away 10 months ago and as sole heir and executor I was left the property in Silvertown. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Aldermore, pay off the mortgage. Is this possible?
Where you intend to refinance then Aldermore will require that you use a conveyancer on the Aldermore 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 Aldermore 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 Aldermore mortgage is registered as a charge at the Land Registry.
A relative recommended that if I am buying in Silvertown I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Silvertown conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Silvertown around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful information concerning Silvertown.
I used Wolstenholmes a few years past for my conveyancing in Silvertown. I now require my papers however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Silvertown of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am purchasing a new build house in Silvertown with a loan from Barnsley Building Society. The builders would not reduce the price so I negotiated £7000 of additionals instead. The sale representative told me not reveal to my solicitor about the deal as it may adversely affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My husband and I are 14 days into a freehold purchase having been recommend to solicitors by the local agent to carry out the conveyancing in Silvertown. I am not happy. Can you you assist me in finding new conveyancers?
They would need to be very poor to suggest replacing them. Has the loan offer been sent? In the event that it has you need to make them aware of the new conveyancer and ensure the loan are re-issued. Your conveyancer should be on the mortgage company panel to avoid added fees and frustration. That should be your first question of the new lawyers. Our search tool will help you find a lender approved lawyer for your home move in Silvertown
I need to switch lawyers as my Silvertown lawyer is not on the bank's panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
In the event that you have not formally instructed a conveyancer to commence the conveyancing and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Silvertown that you're considering.