My uncle passed away six months ago and as sole heir and executor I was left the property in Wendover. 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 allowed?
Given you intend to refinance then Aldermore will insist on your using 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 friend advised me that in purchasing a property in Wendover there may be a number of restrictions prohibiting external changes to the property. Is this right?
There are a number of properties in Wendover which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Wendover should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is there a list of TSB panel conveyancers in Wendover on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. A small selection of banks make their panel listings available on the web. If you are seeking to appoint a Wendover solicitor on the TSB please use our facility.
My sealed bid on a house in Wendover has been accepted, the sellers do nevertheless have a connected purchase. The sellers have put an offer on a property, however it’s not yet agreed to, and have viewings of other flats booked. I have instructed a bricks and mortar conveyancing solicitor in Wendover. What do I do now? When should I get the mortgage application with Kent Reliance going?
It is understandable to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Wendover conveyancing search charges, etc). The first course of action is to check that your property lawyer is on the Kent Reliance approved list. Regarding the subsequent steps this very much depends on the circumstances of your case, motivation for the property and on the state of the market. During a buoyant market many purchasers would apply for the mortgage with Kent Reliance and arrange for the valuation and only if it comes back ok would they request their lawyer to move forward with the conveyancing in Wendover.
What will a local search reveal regarding the property I am buying in Wendover?
Wendover conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for example Xpress Legal The local search is essential in every Wendover conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search will supply information on, amongst other things, details on planning applications relevant to the property (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 thirteen subject areas.
It has been four months following my purchase conveyancing in Wendover completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 property 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Wendover. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Wendover
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Is it true that a Wendover conveyancing company has court proceedings brought against them by clients for not carrying out the appropriate conveyancing investigations?
Our attention has not be brought to such a Wendover conveyancing matter but according to a recent report, a couple buying a property in Cumbria successfully sued their lawyer as a consequence of development permission to construct a wind farm failing to be picked up in conveyancing searches.
Where you are purchasing in Wendover It is essential that your conveyancing practitioner purchase all Wendover conveyancing searches needed making sure that you have accurate and up to date information before purchasing a property.