My fiance’s dad is a solicitor. I hope that I can be offered mate’s fee for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Basildon?
It’s prudent to obtain multiple conveyancing estimates. Make use of our comparison tool on this page. Whilst quotes do contrast greatly but the service one can expect differ between solicitors as is the case with the vast majority of professional services.
My uncle passed away six months ago and as sole heir and executor I was left the house in Basildon. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this possible?
If you intend to refinance then Nationwide will require that you use a conveyancer on the Nationwide 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 Nationwide 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 Nationwide mortgage is registered as a charge at the Land Registry.
Various internet forums that I have come across warn that are the main reason for obstruction in Basildon house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Basildon.
My wife and I own a semi-detached Victorian property in Basildon. Conveyancing solicitor acted for me and Bank of Ireland. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the matching property. Is it worth asking Bank of Ireland to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Basildon and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who conducted the work.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. Basildon is the location of the property. Can you shed any light on this issue?
Flying freeholds in Basildon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Basildon you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Basildon may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.