My aunt passed away last year and as sole heir and executor I was left the property in Chipping Campden. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to , pay off the mortgage. Is this possible?
Where you intend to refinance then will require that you use 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.
How can we tell if a Chipping Campden conveyancing solicitor on the panel is any good?
When it comes to conveyancing in Chipping Campden getting recommendations is a good start. 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 advertising the lowest fees. We would always recommend that you speak with the lawyer handling your conveyancing.
We expect to receive a OIP from this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do recommend any Chipping Campden solicitors on the conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Chipping Campden solicitors independently although you'll need to choose one on the conveyancing panel. The solicitor represents both you and through the process.
After weeks of negotiation I have agreed a price on an apartment in Chipping Campden. My financial adviser recommended their conveyancers. I paid an upfront payment of £200. A couple of days later, the called me to say that they were not on the conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have todayfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Chipping Campden for a purchase of a freehold house 18 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The easiest way to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chipping Campden conveyancing specialists.
As co-executor for the estate of my uncle I am selling a house in Monmouth but I am based in Chipping Campden. My conveyancer (who is 200 kilometers awayrequires that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing practitioner in Chipping Campden who can attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Chipping Campden
Chipping Campden Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying
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Most Chipping Campden leasehold flats will be liable to pay a service bill for the upkeep of the block set on behalf of the freeholder. Should you buy the apartment you will have to pay this liability, normally periodically during the year. This can vary from a few hundred pounds to thousands of pounds for buildings with lifts and large common areas. In all probability there will be a rentcharge for you to pay yearly, ordinarily this is not a significant sum, say around £25-£75 but you should to enquire as on occasion it can be prohibitively expensive.
You will want to discover as much as possible regarding the company managing the building as they will either make your living at the property much easier or a lot more difficult. As the owner of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to day to day issues such as the cleanliness of the common parts. Enquire of other tenants what they think of them. Finally, find out the dates that you are obliged pay the service charge to the appropriate party and precisely what it includes.
Please tell me if there are any major works anticipated that will likely add a premium to the service costs?