My grandmother passed away 10 months ago and as sole heir and executor I was left the property in North Yorkshire. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Nationwide will insist on your using a conveyancer on the Nationwide 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 Nationwide 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 Nationwide mortgage is registered as a charge at the Land Registry.
Just acquired a semi-detached house in North Yorkshire , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My North Yorkshire conveyancing solicitor works at snail pace, so I want to be certain that my name is recorded.
There is nothing unique when it comes to conveyancing in North Yorkshire registration formalities. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether there are errors and whether the Land registry communicate with any 3rd persons or bodies. Currently in the region of three quarters of such applications are fully dealt with within 12 days but some can be subject to longer delays. Registration is effected once the purchaser is living at the premises so an expedited registration is not always top priority but if there is a degree of urgency associated with the registration then you or your conveyancer can speak with the land registry and explain the circumstances.
How simple is it to use the search tool to locate a conveyancing solicitor in North Yorkshire on the authorised to act for my mortgage?
Step one is to select a bank such as Birmingham Midshires, Leeds Building Society or Bank of Ireland then type in your location such as North Yorkshire. Conveyancing organisations in North Yorkshire and further afield should be identified.
As co-executor for the will of my grandfather I am selling a house in Cardiff but live in North Yorkshire. My conveyancer (who is 250 miles from mehas requested that I sign a stat dec prior to completion. Can you recommend a conveyancing practitioner in North Yorkshire to witness this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in North Yorkshire
All being well we will complete the sale of our £325,000 apartment in North Yorkshire in six days. The landlords agents has quoted £300 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in North Yorkshire?
North Yorkshire conveyancing on leasehold apartments usually necessitates the buyer’s conveyancer submitting questions for the landlord to answer. Although the landlord is under no legal obligation to answer these enquiries most will be willing to assist. They are entitled to levy a reasonable charge for answering questions or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is £350, in some situations it exceeds £800. The administration charge required by the landlord must be sent together with a summary of rights and obligations in relation to administration charges, without which the charge is technically not due. Reality however dictates that you have no choice but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
I bought a split level flat in North Yorkshire, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in North Yorkshire with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease terminates on 21st October 2069
With just 51 years remaining on your lease the likely cost is going to span between £30,400 and £35,200 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.