My mortgage broker has asked me for my Arundel lawyer’ panel member for the Santander conveyancing panel. What is the best way to discover this. I have tried my local Arundel branch but they don't know it.
Have you tried speaking to your Arundel solicitor about this?. They retain a central record lender panel numbers.
My uncle passed away six months ago and as sole heir and executor I was left the house in Arundel. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this possible?
Where you intend to re-mortgage then Leeds Building Society will require that you use a conveyancer on the Leeds Building Society 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 Leeds Building Society 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 Leeds Building Society mortgage is registered as a charge at the Land Registry.
What will a local search reveal regarding the house my wife and I purchasing in Arundel?
Arundel conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Onsearch The local search plays a central role in many a Arundel conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search will provide information on, amongst other things, details on planning applications relevant to the premises (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 topic areas.
I am in need of some leasehold conveyancing in Arundel. Before I set the wheels in motion I want to be sure as to the remaining lease term.
If the lease is recorded at the land registry - and most are in Arundel - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a 1st floor flat in Arundel, conveyancing formalities finalised in 2002. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Arundel with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ends on 21st October 2091
With just 67 years unexpired we estimate the premium for your lease extension to be between £10,500 and £12,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
My partner and I intend to purchase our first property in Arundel. Conveyancing lawyer has been selected. The broker suggested that a survey is not needed as the property was only built twenty two years ago.
The bare minimum you need a Home Buyer's Report. As the property was built over a decade ago the property will not come with a warranty, so you don't want to take a risk. For a property that age with no signs of defects a Home Buyer's report could be sufficient. The report should highlight any apparent problems and recommend further investigation if relevant. If there are any signs of problems obtain a comprehensive structural survey.