I happen to be the single recipient of my late grandmother’s will with all property in now in my sole name, including the house in Guisborough. The Guisborough property was put into my name in June. I plan to dispose of the house. I do know about the Mortgage Lenders 6 month 'rule', meaning my property ownership could be treated the same way as if I'd bought the house in June. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. many mortgage companies would take a pragmatic view as this requirement chiefly exists to capture the purchase and immediately sell or the wholesaling and assigning of property.
We are getting the release of further funds on our mortgage from Barclays as we intend to carry out alterations to our house in Guisborough. Do we need to choose a nearby Guisborough solicitor on the Barclays conveyancing panel to handle the paperwork?
Barclays would not normally appoint firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays panel.
Last month we had a mortgage agreed in principle with Yorkshire BS. Guisborough conveyancing solicitors have been appointed. How long does it take for Yorkshire BS to send the offer to the conveyancer?
Some lenders take longer than others. Have Yorkshire BS conducted the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who handled the conveyancing in Guisborough 10 years ago no longer exist. Will I be able to sell the house?
You no longer need to have the physical deeds to evidence that you are the owner of your registered land or premises, as the Land Registry hold details of all registered land or property electronically.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Guisborough is the location of the property. Can you shed any light on this issue?
Flying freeholds in Guisborough are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Guisborough you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Guisborough may ascertain 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.
My business partner and I are wishing to take an assignment of a lease of a shop on the high street. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in Guisborough for under 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Guisborough, including the disposal and purchase of businesses as well as simply property. Whether you are hoping to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the fees these will vary based on the structure and heads of terms of the deal. Please provide us with your details or telephone so as to enable us to supply you with comprehensive commercial conveyancing quote.
As co-executor for the estate of my grandmother I am selling a residence in Monmouth but live in Guisborough. My solicitor (approximately 260 kilometers from meneeds me to sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Guisborough who can attest this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are Guisborough based