My uncle passed away 10 months ago and as sole heir and executor I was left the property in Heathfield. The house had a small mortgage remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this possible?
Where you intend to refinance then TSB will require that you use a conveyancer on the TSB 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 TSB 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 TSB mortgage is registered as a charge at the Land Registry.
I require quick conveyancing in Heathfield as I am faced with pressure to complete inside one month. Fortunately I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at free not to have searches carried out although no conveyancer would advise that you don't. With lots of history conveyancing in Heathfield the following are instances of what can crop up and therefore affect future mortgageability: Enforcement Actions, Outstanding Fees, Overdue Grants, Railway Schemes,...
I used Wolstenholmes a few years ago for my conveyancing in Heathfield. Now, I need the documents however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Heathfield of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My husband and I are FTB’s - agreed a price, yet the estate agent informed us that the vendor will only issue a contract if we instruct their chosen lawyers as they need a ‘quick sale’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Heathfield
It is unlikely the vendors are driving this. Should the owner desire ‘a quick sale', taking such a hostile approach to a genuine buyer is is going to put the whole deal at risk. Contact the owners directly and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to use your preferred Heathfield conveyancing lawyers - as opposed tothose that will provide the negotiator at the agency a introducer fee or hit his conveyancing figures set by senior management.
Planning to exchange soon on a studio apartment in Heathfield. Conveyancing solicitors have said that they are sending me a report tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Heathfield should include some of the following:
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You should be informed what constitutes a Nuisance as far as the lease is concerned Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? if lease has a provision for a slush fund for major repairs? Ground rent - how much and what the invoice dates are, and also know whether this is subject to change Are pets allowed in the flat?
I am the registered owner of a garden flat in Heathfield, conveyancing formalities finalised April 2009. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Heathfield with over 90 years remaining are worth £176,000. The average or mid-range amount of ground rent is £50 yearly. The lease comes to an end on 21st October 2105
With 80 years left to run we estimate the price of your lease extension to be between £8,600 and £9,800 as well as costs.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.