My aunt passed away six months ago and as sole heir and executor I was left the house in Pontprennau. 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 Co-operative, pay off the mortgage. Is this possible?
If you plan to refinance then Co-operative will insist on your using a conveyancer on the Co-operative 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 Co-operative 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 Co-operative mortgage is registered as a charge at the Land Registry.
It has been 4 months since my purchase conveyancing in Pontprennau took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking into buying my first house which is in Pontprennau and I am already nervous. I couldn't find anything specific about Pontprennau. Conveyancing will be needed in due course but do you know about the Pontprennau area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Pontprennau. In the meantime here are some basic statistics that we found
Completion is due on the disposal of our £475,000 maisonette in Pontprennau next Wednesday. The management company has quoted £312 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Pontprennau?
For the majority of leasehold sales in Pontprennau conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-contract questions
Where consent is required before sale in Pontprennau
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Pontprennau - Examples of Queries before buying
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Please note that where the lease has less than eighty years it will have adverse implications on the value of the property. Check with your bank that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will almost definitely need a lease extension at some point and it is worth finding out what this will be. Remember, in most cases you would need to own the premises for a couple of years before you are eligible to carry out a lease extension. What is the service charge and ground rent on the flat? It would be sensible to enquire if there are any onerous prohibitions in the lease. For example plenty of leases prohibit pets being permitted in in a block in Pontprennau. If you love the propertyin Pontprennau however your dog is not allowed to move with you then you will be faced hard choice.
Do online conveyancing organisations cover everything a high street Pontprennau solicitor does or must I use a solicitor for the final stages for my conveyancing in Pontprennau?
Where you instruct an online conveyancer they will undertake all the things your Pontprennau solicitor would cover.