Much to our surprise we have been advised by our mortgage broker that my Cowfold the law firm I have appointed is not on the mortgage company Solicitor panel. What can I do to check?
The best course of action for you to take is to contact your Cowfold conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they may recommend you to a Cowfold conveyancing firm that is on the conveyancing panel for your mortgage company.
My uncle passed away last year and as sole heir and executor I was left the property in Cowfold. The house had a relatively small loan 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 allowed?
Given you intend 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.
I opted to have a survey carried out on a house in Cowfold before retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor has said that some mortgage companies may refuse to issue a mortgage on such a house.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cowfold. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my primary house to a buy to let loan with and intend to use the remaining equity as a down payment on another house. The area we are interested in is Cowfold. Will your conveyancers be able to act for both sets of banks and tie in the two deals?
Do use our search tool on this page to be sure that the solicitors are approved by both banks. Assuming that they are your conveyancer will be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make clear your expectations and needs.
I am 17 days into a residential purchase having been recommend to conveyancers by the high street agent to handle our conveyancing in Cowfold. I am am extremely frustrated with the quality of service. Could you you assist me in finding new solicitors?
They would need to be very poor to suggest diss instructing them. Has the loan offer been issued? If so you need to inform them of the new solicitor and have the loan are re-issued. Your new solicitor ideally needs to be on the banks approved list to avoid supplemental charges and complications. That should be your first question of the new conveyancers. Our search tool should help you find a lender approved solicitor for your conveyancing in Cowfold