My grandmother passed away last year and as sole heir and executor I was left the property in West Harrow. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to , pay off the mortgage. Is this allowed?
Given you intend to re-mortgage then will insist on your using a conveyancer on the 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 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 mortgage is registered as a charge at the Land Registry.
Have just purchased a repossessed house at auction in West Harrow. Conveyancing is necessary. What happens now?
Given that you have now legally committed yourself to purchase you now have to hire the services of a conveyancing lawyer as a matter of priority as you will have a tight deadline in which to complete the deal. An auction property will have an associated auction pack. This will include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the legal pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You need to hand this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that your finances are in place to complete on the date specified in the contract.
Forgive me if this question is silly but I am new to the process as FTB of a two bedroom flat in West Harrow. Do I pick up the keys to the house on the completion date from my conveyancer? If so, I will instruct a local conveyancing solicitor in West Harrow?
On the day of completion you do not need to attend the conveyancers office in West Harrow. Conveyancing lawyers for you will transfer the completion advance to the seller's conveyancers, and shortly after the monies have arrived, you will be invited to pick up the keys from the Estate Agents and start moving into the property. Usually this happens early afternoon.
is it true that all West Harrow solicitors on the conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Many banks do list licenced conveyancers on their panel and in such a situation the organisation would be overseen by the Council of Licensed Conveyancers.
I am looking for a flat up to £305k and found one close by in West Harrow I like with open areas and railway links in the vicinity, however it only has 49 years unexpired on the lease. There is not much else in West Harrow in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
My business partner and I are hoping to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering fixed costs for commercial conveyancing in West Harrow for less than £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in West Harrow, including the disposal and purchase of businesses as well as simply property. If you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the charges these will vary based on the structure and complexity of the deal. Let us have your details or phone so as to enable us to provide you with a fixed commercial conveyancing quote.
My partner has suggested that I use his conveyancing solicitors in West Harrow. Should I use them?
There are no two ways about it the ideal way to select a conveyancing practitioner is to seek referrals from friends or family who have previously instructed the solicitor you're contemplating using.