At what point will exchange of contracts happen for residential conveyancing in Gaydon and am I required to be at the conveyancers office?

Where you are in close proximity to one of the conveyancing solicitors in Gaydon you are invited in to sign the paperwork. That being said, the firms we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you digitally. The signing of the contract is not when everything is set in stone. A signed contract is just a prerequisite for the conveyancer to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Gaydon)to be in the office at the appropriate time.

My aunt passed away last year and as sole heir and executor I was left the house in Gaydon. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this possible?

If you plan to re-mortgage then UBS will insist on your using a conveyancer on the UBS 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 UBS 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 UBS mortgage is registered as a charge at the Land Registry.

This question may be naive but I am unexperienced as FTB of a two bedroom flat in Gaydon. Do I receive the keys to the property on completion from my lawyer? If so, I will find a High Street conveyancing solicitor in Gaydon?

On the day of completion you will not be required to go to the conveyancers office in Gaydon. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s lawyers, and once they have received this, you should be called to receive the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.

My stepmother informed me that in buying a property in Gaydon there may be various restrictions preventing external alterations to the property. Is this right?

There are anumerous of properties in Gaydon which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Gaydon should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

It is unclear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Gaydon building society branch on a couple of occasions and was told it does not impact the mortgage offer and they would lend. My Gaydon conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.

As long as the lawyer is on the bank approved list, they must adhere to the Council of Mortgage Lenders’ Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am selling my property. My past solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in Gaydon if that makes a difference.

Please use our search tool to help you choose a solicitor for your conveyancing in Gaydon. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

I pay a maintenance contribution for my property in Gaydon. As a result of poor financial planning I slipped into arrears with remittance. I negotiated a payment schedule but there remains in the region of £2000 remaining in arrears.

I want to dispose of the property and I am worried this may threaten to derail the sale if I have to pay off the arrears now. I'd like to sell up and then pay them back with the completion monies - is this viable?

Do check with the conveyancer undertaking your Gaydon conveyancing but one option may be to agree for the outstanding amount to be passed to the purchasers. The sale price they pay would be adjusted to reflect the amount of debt they assume. They could then pay the arrears once they are the owners.