I have given 2 months notice to my current landlord and have to leave my rented property in Woodside Park by the end of next month. Conveyancing for my house purchase is underway. How realistic is it to complete in 5 weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to give notice for your tenancy unless your lawyer suggests that you should. If you have not already done so, contact to your conveyancer and request that they chase the other solicitors, try to get a realistic time scale from them that all parties will look to achieve
My grandmother passed away six months ago and as sole heir and executor I was left the house in Woodside Park. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Aldermore, pay off the mortgage. Is this possible?
Given you intend to re-mortgage 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.
Just had an offer accepted on a new build flat in Woodside Park. 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.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Woodside Park
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I opted to have a survey carried out on a property in Woodside Park before retaining solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies tend refuse to issue a mortgage on such a home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Woodside Park. Conveyancing will be smoother if you use a solicitor in Woodside Park especially if they are acquainted with such properties in Woodside Park.
What does commercial conveyancing in Woodside Park cover?
Non domestic conveyancing in Woodside Park incorporates a wide array of services, given by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
My wife and I have recently appointed a conveyancing solicitor in Woodside Park. I need to find out if they are listed on the bank's conveyancing panel. Can you assist?
It’s a good idea contact the solicitor to check if they are on the bank's panel. If that does not help call us and we can investigate and revert. If they are not on the bank panel we can certainly arrange a reputable conveyancing solicitor in Woodside Park on the approved list for your mortgage company.