My aunt passed away last year and as sole heir and executor I was left the house in Tadcaster. The house had a small mortgage left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
Given you plan to re-mortgage then Santander will insist on your using a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.
Do commercial conveyancing searches reveal impending roadworks that could impact a commercial land in Tadcaster?
Its becoming the norm that commercial conveyancing solicitors in Tadcaster will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Tadcaster. The report provides definitive data 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 Tadcaster.
For each commercial conveyancing transaction in Tadcaster it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Tadcaster commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Tadcaster.
How does conveyancing in Tadcaster differ for new build properties?
Most buyers of new build residence in Tadcaster contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is finished. This is because house builders in Tadcaster usually acquire the real estate, 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 conveyancing solicitors 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 Tadcaster or who has acted in the same development.
I am looking for a ground for flat up to £305k and identified one round the corner in Tadcaster I like with open areas and transport links in the vicinity, the downside is that it only has 49 years unexpired on the lease. There is not much else in Tadcaster for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
Hoping to buy a property located in Tadcaster and I am already nervous. I couldn't find anything specific about Tadcaster. Conveyancing will be needed in due course but do you know about the Tadcaster area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Tadcaster. In the meantime here are some basic statistics that we found
What is the difference between surveying and conveyancing in Tadcaster?
Conveyancing - in Tadcaster or elsewhere - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re purchasing and will help you discover the condition of the building and, if there are problems, give you a powerful reason for negotiating the buying price down or asking the vendor to fix the defects prior to you move in.