My grandfather passed away last year and as sole heir and executor I was left the property in Weybridge. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this possible?
Where 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.
Me and my brother have a terraced Victorian property in Weybridge. Conveyancing solicitor represented me and Alliance & Leicester . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Weybridge and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing practitioner who conducted the work.
I am buying a new build house in Weybridge with a loan from Godiva Mortgages Ltd. The developers refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not to tell my conveyancer about the extras as it will adversely affect my mortgage with the lender. Should I keep quiet?.
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.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Weybridge is the location of the property. Can you shed any light on this issue?
Flying freeholds in Weybridge are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Weybridge you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Weybridge may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We're novice buyers - agreed a price, but the property agent told us that the seller will only move forward if we appoint the agent's recommended solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Weybridge
It is unlikely the sellers are driving this. If they require ‘a quick sale', alienating a genuine buyer is is going to put the whole deal at risk. Try to communicate with the sellers directly and make sure they comprehend that (a)you are motivated purchasers (b)you are ready to go, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you will continue to appoint your preferred Weybridge conveyancing solicitors - not the ones that will earn their estate agent a referral fee or hit his conveyancing thresholds demanded by head office.
My mother completed her conveyancing in Weybridge in 2005. She has since got married, divorced and has recently remarried. She now wants to the sell the Weybridge property. I suspect that she will just be need to supply copies of the marriage certificates to the solicitor however she is concerned it could frustrate the sale of the house. Should she appoint a solicitor to update the Land Registry documents for the house?
It is not absolutely necessary to bring up to date the register providing you have the evidence required to demonstrate how the change of name occurred.
The buyer’s conveyancer should examine the land registry entries and request evidence to prove the change of name for instance marriage documentation.