My wife and I are about to exchange on the purchase of a property in Ulverston but as a consequence of damage from the recent storms I have was able negotiate compensation from the vendor in the sum of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of a side agreement yet TSB are not allowing this. Why were they approached?
Your conveyancer that is on a TSB conveyancing panel is required to advise TSB of any variations to the sale price. If you prohibit your lawyer to notify the reduction to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new property lawyer for your conveyancing in Ulverston.
My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Ulverston. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Aldermore, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Aldermore will insist on your using a conveyancer on the Aldermore 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 Aldermore 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 Aldermore mortgage is registered as a charge at the Land Registry.
I used Wolstenholmes several years ago for my conveyancing in Ulverston. I now require my file but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Ulverston of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Ulverston I like with amenity areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Ulverston for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
Been searching for a property lawyer for freehold sale conveyancing in Ulverston. We are selling, uncomplicated no mortgage to redeem, no hurry, currently empty. Had an estimate from a lawyer for £1000 excluding VAT which is a little expensive given that its so straightforward. Can I pay less for conveyancing in Ulverston?
As it’s a sale only, 475 + VAT is likely to be about the cheapest for a Ulverston solicitor firm.