My grandmother passed away last year and as sole heir and executor I was left the property in Yate. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Kent Reliance will require that you use a conveyancer on the Kent Reliance 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 Kent Reliance 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 Kent Reliance mortgage is registered as a charge at the Land Registry.
How does conveyancing in Yate differ for newly converted properties?
Most buyers of new build property in Yate come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because house builders in Yate tend to acquire 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 conveyancers 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 Yate or who has acted in the same development.
I am looking to sell my home. My former lawyers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Yate if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Yate. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My uncle has recommend that I appoint his conveyancing solicitors in Yate. Should I find my own solicitor?
Much as we are happy to recommend a Yate conveyancing lawyer the ideal way to select a conveyancing lawyer is to get feedback from friends or family who have actually previously instructed the conveyancer that you are considering.
I own a leasehold flat in Yate. Conveyancing and Santander mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Yate who acted for me is not around. What should I do?
First contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Yate conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Yate Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
You should be aware if it is fewer than eighty years it will affect the salability of the property. Check with your lender that they are willing to go ahead with the loan given the lease term. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out how much this would cost. Remember, in most cases you will need to own the property for a couple of years before you are legally able to extend the lease. It would be wise to investigate if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being permitted in in a block in Yate. If you like the apartmentin Yate yet your cat is not allowed to make the move with you then you will be presented with a hard compromise.