As someone not used to conveyancing in Audlem what is your top tip you can impart concerning the house moving process in Audlem
You may not hear this from too many lawyers but conveyancing in Audlem or throughout England and Wales is often a confrontational process. In other words, when it comes to conveyancing there is an abundance of opportunity for confrontation between you and other parties involved in the legal transfer of property. For instance, the vendor, selling agent and on occasion your lender. Selecting a lawyer for your conveyancing in Audlem is a critical decision as your conveyancer is your adviser, and is the ONE person in the transaction whose interest is to act in your best interests and to keep you safe.
There is a distinct ongoing adversarial element to conveyancing- someone has to be at fault for the process taking so long. We recommend that you should always trust your lawyer ahead of all other players when it comes to the legal transfer of property.
My grandfather passed away last year and as sole heir and executor I was left the property in Audlem. 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 TSB, pay off the mortgage. Is this possible?
If you plan 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'm purchasing a new build house in Audlem with a mortgage from Skipton Building Society. The sellers refused to budge the amount so I negotiated £7000 of extras instead. The property agent advised me not reveal to my solicitor about this deal as it will affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey done on a house in Audlem ahead of appointing solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some lenders will not grant a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Audlem. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my existing house to a BTL loan with Nottingham Building Society and I will use the rest of the raised equity towards a second house. The area we are looking at is Audlem. Will your lawyers be able to act for the two banks and tie in the conveyances?
Do use our comparison tool on this page to check that the lawyers are on the appropriate lender panels. Having checked that they are the conveyancer will be able to simultaneously deal with the two deals but you should talk with you lawyer and specify your expectations and requirements.