My aunt passed away six months ago and as sole heir and executor I was left the house in Towcester. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?
Given you plan to refinance then Nottingham will insist on your using a conveyancer on the Nottingham 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 Nottingham 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 Nottingham mortgage is registered as a charge at the Land Registry.
We are aiming to move property in May. Will my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you suggest a removal company in Towcester. Conveyancing firm was chosen before I stumbled across this page.
On the afternoon of completion you will need to pick up the house keys from the selling agent however this should only be done when the sellers lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. After that you can inform the removal company that you are ready to move in. We are not in a position to recommend a specific removal organisation but can assist you in locating a conveyancing in Towcester or a lawyer with expertise in conveyancing in Towcester.
Can I be sure that the Towcester conveyancing solicitor on the Nationwide panel is any good?
When it comes to conveyancing in Towcester obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor carrying out your conveyancing.
I have decided to exercise my right to buy my property in Towcester off the council. I have a mortgage offer with Coventry BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
Just acquired a semi-detached house in Towcester , how long should it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Towcester conveyancing solicitor has been painfully slow, so I want to check that my purchase is registered.
As far as conveyancing in Towcester registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can differ depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any interested parties. At present approximately 80% of submission are completed within two weeks but some can be subject to extensive hold-ups. Historically registration occurs once the new owner has moved in to the property thus an expedited registration is not typically an essential issue but if there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.
In what way can the Landlord & Tenant Act 1954 affect my commercial property in Towcester and how can your lawyers assist?
The 1954 Act provides security of tenure to commercial lessees, granting the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Towcester
My husband and I are purchasing a 2 room first floor flatin Towcester with a residential mortgage from a mortgage company. We would like to retain our solicitor in Towcester but our mortgage company says he's not approved on their "panel". It seems we have little choice but to instruct one of the our bank panel firms or keep our Towcester conveyancer and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The lender mortgage issued is subject to conditions, one of which will be that solicitors will on the bank's conveyancing panel. Until recently, most banks had large numbers of law firms on their panels, including many conveyancing solicitors in Towcester : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for your bank.