My uncle passed away 10 months ago and as sole heir and executor I was left the house in Bovey Tracey. 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 Santander, pay off the mortgage. Is this possible?

Where you plan to re-mortgage then Santander will insist on your using a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.

I need some expedited conveyancing in Bovey Tracey as I am faced with pressure to exchange contracts inside one month. A home loan is not required. Can I avoid the conveyancing searches to save money and time?

If.Given you are not taking a home loan you are at free not to have searches carried out although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Bovey Tracey the following are instances of what can arise and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...

Me and my brother purchased a renovated Georgian house in Bovey Tracey. Conveyancing practitioner represented me and Barclays Direct. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the exact same property. Is it worth asking Barclays Direct to clarify?

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bovey Tracey and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing practitioner who conducted the purchase.

I'm converting the mortgage on my existing house to a BTL mortgage with Godiva Mortgages Ltd and intend to use the remaining equity as a deposit on another house. The location we are looking at is Bovey Tracey. Will your solicitors be able to act for the two lenders and tie in the transactions?

Do use our search tool on this page to ensure that the conveyancers are approved by both lenders. Assuming that they are your lawyer should be able to connect the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and requirements.

What makes a Bovey Tracey lease problematic?

Leasehold conveyancing in Bovey Tracey is not unique. Most leases are drafted differently and drafting errors can result in certain clauses are missing. For example, if your lease is missing any of the following, it could be defective:

A provision to repair to or maintain parts of the premises Maintenance charge proportions which don’t add up to the correct percentage

You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Skipton Building Society, and Godiva Mortgages Ltd all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the buyer to withdraw.

Bovey Tracey Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying

Is anyone aware of any major works in the planning that could increase the maintenance costs? Please note if it is fewer than 80 years it will affect the salability of the property. Check with your mortgage company that they are content with the length of the lease. A short lease means that you will probably have to extend the lease at some point and it is worth finding out what this would cost. For most Bovey Traceylease extensions you will need to own the residence for two years in order to be eligible to extend the lease. How many years are left on the lease?