My uncle passed away last year and as sole heir and executor I was left the house in Capel St Mary. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to , pay off the mortgage. Is this possible?
Given you plan to refinance then will require that you use a conveyancer on the 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 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 mortgage is registered as a charge at the Land Registry.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Capel St Mary?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Capel St Mary. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a leasehold apartment up to £245,000 and found one round the corner in Capel St Mary I like with open areas and station in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Capel St Mary suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan that many years will be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
My father has urged me to instruct his lawyers for conveyancing in Capel St Mary. Should I find my own solicitor?
Much as we are happy to recommend a Capel St Mary conveyancing lawyer the best way to choose a conveyancing solicitor is to get referrals from friends or relatives who have experience in using the solicitor you're considering.
Been searching for a for leasehold sale conveyancing in Capel St Mary. I'm selling, simple no mortgage to pay off, no hurry, no onward purchase. Received an estimate from a for a thousand pounds plus VAT which is a tad expensive considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Capel St Mary?
Given that it’s a sale only, £425 + VAT would be about the best for a Capel St Mary solicitor firm.