My grandfather passed away 10 months ago and as sole heir and executor I was left the property in Abertillery. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Clydesdale, pay off the mortgage. Is this possible?
Where you intend to refinance then Clydesdale will insist on your using a conveyancer on the Clydesdale 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 Clydesdale 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 Clydesdale mortgage is registered as a charge at the Land Registry.
I am purchasing a property and the solicitor has referenced Chancel Repair to which the house may be obligated to pay because it falls into the area of such a church. She has recommended insurance. Is this strictly required for conveyancing in Abertillery
Unless a previous acquisition of the premises took place after 12 October 2013 you could take it that lawyers handling conveyancing in Abertillery to remain encouraging a chancel search and or chancel repair liability insurance.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who handled the conveyancing in Abertillery 10 years ago no longer exist. What are my options?
As long as you have a registered title the details of your ownership will be recorded by HMLR under a Title Number. It is possible to perform a search at the Land Registry, locate your house and secure current copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be ordered for a small fee.
How does conveyancing in Abertillery differ for new build properties?
Most buyers of new build property in Abertillery contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is completed. This is because developers in Abertillery usually purchase 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 conveyancers 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 accustomed to new build conveyancing in Abertillery or who has acted in the same development.
I would be grateful if you would explain what my options are where my Abertillery conveyancing searches shows negative entries?
Ordinarily, most issues disclosed in Abertillery conveyancing search responses can be addressed prior to completion or title insurance can be put in place. It is important to remember that although you are purchasing the premises and may be content to accept the search results, your lender may not, and when all said and done they have the final say.