My uncle passed away 10 months ago and as sole heir and executor I was left the property in Silverton. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this possible?
If you plan to refinance then Barclays will insist on your using a conveyancer on the Barclays 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 Barclays 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 Barclays mortgage is registered as a charge at the Land Registry.
I decided to have a survey carried out on a house in Silverton ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend not grant a loan on such a home.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to call us we can check 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 Silverton. Conveyancing will be smoother if you use a solicitor in Silverton especially if they are accustomed to such properties in Silverton.
Taking into account that I will soon part with 450k on a terraced house in Silverton I would like to talk to a lawyer concerning theconveyancing in advance of instructing the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your property ownership legalities in Silverton.There is no ‘factory style conveyancing’ - each client is unique person, not a case number. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in Silverton should be the amount on the final invoice that you end up paying.
I need to instruct a conveyancing solicitor for sale conveyancing in Silverton. I've chance upon a web site which seems to have the ideal offering If there is a chance to get all this stuff done via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We are hoping to buy a repression flat in Silverton and the vendor would like to complete inside a month. Do conveyancers complete in this timeframe? Would it be better to select a local Silverton firm or an online company that professes to complete quickly?
Visit your Silverton shopping parade. Pop in to two or three solicitor’s offices and ask to see a conveyancing solicitor for a quote. Discuss your needs and try and obtain assurances on speed. Choose the one that seems most genuine. Be sure to select a conveyancer on the panel of conveyancers approved by your lender.