Would the conveyancing solicitors listed on your site handle right to buy conveyancing in Stone Cross?
We have identified a variety of conveyancing specialists who can handle right to buy conveyancing Do get in touch with the lawyers listed with a view to get a costs illustration.
My uncle passed away six months ago and as sole heir and executor I was left the property in Stone Cross. 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 HSBC, pay off the mortgage. Is this allowed?
Where you intend to refinance then HSBC will require that you use a conveyancer on the HSBC 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 HSBC 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 HSBC mortgage is registered as a charge at the Land Registry.
How does conveyancing in Stone Cross differ for new build properties?
Most buyers of new build residence in Stone Cross contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is built. This is because developers in Stone Cross usually buy the real estate, 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 accustomed to new build conveyancing in Stone Cross or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in Stone Cross before retaining conveyancers. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies tend not issue a loan on such a premises.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stone Cross. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stone Cross to see if the conveyancing will be more expensive.
I have been recommended a conveyancing solicitor in Stone Cross. I I would like to check if they are on the bank's conveyancing panel. Can you or the lender confirm if they are on the panel?
It’s a good idea phone the lawyer to check if they are on the bank's panel. Alternatively please call us and we can make some checks for you. If they are not on the conveyancing panel we can certainly arrange a specialist conveyancing solicitor in Stone Cross on the approved list for your mortgage company.