My grandfather passed away last year and as sole heir and executor I was left the property in Haverhill. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Lloyds, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then Lloyds will require that you use a conveyancer on the Lloyds 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 Lloyds 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 Lloyds mortgage is registered as a charge at the Land Registry.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Haverhill?
There are two types of lawyers who can do conveyancing in Haverhill namely CLC regulated conveyancers or solicitors. Both professionals provide the legal services that you need to complete the disposal or purchase of property. They are both required to perform Haverhill conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be properly conducted and that the requisite steps should be suitably adhered to.
Forgive me if this question is silly but I am unseasoned as a 1st time buyer of a ground floor flat in Haverhill. Do I receive the keys to the property on the completion date from my solicitor? If so, I will use a local conveyancing solicitor in Haverhill?
On the day of completion you do not need to go to the conveyancers office in Haverhill. Conveyancing lawyers for you will transfer the completion advance to the seller's conveyancers, and once they have received this, you will be able to collect the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
I had a mortgage agreed in principle with RBS. Haverhill conveyancing solicitors have been selected. What is the average time that one could expect to receive a mortgage offer from RBS?
There is no definitive answer here. Have RBS conducted the valuation? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We are close to exchanging contracts on the sale of our home in Haverhill and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any high street Haverhill lawyer would know that there is no such problem. It does beg the question why the purchasers instructed an internet conveyancing practice as opposed to a conveyancing solicitor in Haverhill. Having lived in Haverhill for 5 years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
About to purchase a new build apartment in Haverhill. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Haverhill
Please confirm the Lease plans are surveyor prepared. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
My hope is to purchase a garden flat in Haverhill. Conveyancing lawyer has been waiting for, from the owner, building insurance schedule. I was told today I was informed that the vendor needs to send the insurance schedule for the flat above in addition. Why would my lawyer need to review the insurance for the flat above? Is it strictly necessary? We have been waiting for the last fortnight…
It is not impossible in leasehold conveyancing in Haverhill to find Conveyancing in Haverhill in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the landlord insuring the entire block - which is definitely better. Do check with your solicitor but it would appear that your property lawyer is attempting to establish that the entire building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt for lack of insurance.