My grandfather passed away last year and as sole heir and executor I was left the house in Llanfairfechan. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this possible?
Given you intend to re-mortgage then Coventry BS will insist on your using a conveyancer on the Coventry BS 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 Coventry BS 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 Coventry BS mortgage is registered as a charge at the Land Registry.
Due to the advice of my in-laws I had a survey completed on a house in Llanfairfechan ahead of instructing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some banks may not give a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Llanfairfechan. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Llanfairfechan cover?
Llanfairfechan conveyancing for business premises covers a broad range of advice, given by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I have been sourcing a conveyancing lawyer in Llanfairfechan for my home move. Can I review a firm’s record with the legal regulator?
You may review documented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.
I am planning to acquire a property and require a conveyancing solicitor in Llanfairfechan who is on the mortgage company solicitor panel. Can you recommend a Llanfairfechan or local Llanfairfechan solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who do conveyancing in Llanfairfechan. We dont recommend any particular conveyancing practice.