My aunt passed away six months ago and as sole heir and executor I was left the house in Nuneaton. The house had a small mortgage remaining of approximately £8000. I want to have the title changed 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.
I know that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a property in Nuneaton? or Apparently there is a law dating back centuries that means some homeowners living in a parish church boundary may be liable to contribute towards maintenance to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Nuneaton?
Unless a previous acquisition of the premises took place post 12 October 2013 you can take it that conveyancing practitioners conducting conveyancing in Nuneaton to continue to advocate a chancel search and or insurance against a claim.
How does conveyancing in Nuneaton differ for newly converted properties?
Most buyers of new build property in Nuneaton contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Nuneaton typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Nuneaton or who has acted in the same development.
I am a sole trader hoping to lease a unit on a shopping parade. Can you recommend lawyers offering no-move-no fees for non-domestic conveyancing in Nuneaton for below 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Nuneaton, including the sale and purchase of businesses as well as simply premises. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the fees this will depend on the structure and terms of the proposed transaction. Let us have your contact information or telephone us so that we may provide you with comprehensive commercial conveyancing quote.
I need to appoint a conveyancing solicitor for freehold conveyancing in Nuneaton. I've discover a site which looks to be the ideal solution If it is possible to get all the legals completed via web that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?