My grandfather passed away 10 months ago and as sole heir and executor I was left the house in Lancaster. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to , pay off the mortgage. Is this possible?
If you plan to re-mortgage 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 require expedited conveyancing in Lancaster as I have an ultimatum to exchange contracts in less than one month. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are not taking a home loan you are at liberty not to do searches although no conveyancer would advise that you don't. With lots of history conveyancing in Lancaster the following are instances of what can crop up and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
Due to the encouragement of my in-laws I had a survey completed on a house in Lancaster ahead of retaining conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders may not give a loan on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Lancaster. Conveyancing will be smoother if you use a solicitor in Lancaster especially if they are familiar with such properties in Lancaster.
How easy is it to change solicitor as I need to instruct one who is on the conveyancing panel. I had appointed a high street conveyancing solicitor in Lancaster five minutes from me but he is not accepted by
It would be our pleasure to assist you find a conveyancing solicitor in Lancaster on the panel. Please note that the law firms that we on the directory do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Lancaster. Using the find a conveyancing solicitor tool on this website, you can compare costs for conveyancing solicitors in Lancaster and throughout England and Wales.
We're novice buyers - had an offer accepted, yet the agent has warned us that the seller will only go ahead if we instruct their preferred lawyers as they want an ‘expedited deal’. Our preferred option is to instruct a high street solicitor used to conveyancing in Lancaster
We suspect that the owner is not behind this request. Should the seller require ‘a quick sale', taking such a hostile approach to a motivated purchaser is going to damage their objectives. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you are going to appoint your preferred Lancaster conveyancing solicitors - not the ones that will provide their negotiator at the agency a introducer fee or meet his conveyancing targets pre-set by corporate headquarters.