My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Chelsea. 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 re-mortgage then Co-operative will require that you use 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.
How does conveyancing in Chelsea differ for new build properties?
Most buyers of new build property in Chelsea contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is ready to move into. This is because developers in Chelsea tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Chelsea or who has acted in the same development.
I am looking to sell my property. My past conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Chelsea if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Chelsea. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am looking for a conveyancing solicitor in Chelsea for my remortgage. Is there any facility to review a firm’s record with the profession’s regulator?
You can read presented Solicitor Regulator Association (SRA) determinations arising from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find information Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.
My fiance is purchasing a garden flat in Chelsea. He was given a quote by the conveyancing practitioner suggested by the estate agents and it came to £1385 . It was seven years ago I sold and purchased a home and it cost was £600. Have charges really escalated to that extent?
We would recommend that you visit 3 or 4 local Chelsea conveyancing firms requesting estimates. It is advisable to base your decision not just on cost, but on promptness and on how comprehensive the reply was.