Is there a reason why leasehold purchase conveyancing in St Neots is more expensive?
The conveyancing costs for a leasehold property in St Neots is inevitably greater when contrasted to a freehold property. This is due to the supplemental investigations required in liaising with the landlord and management company to collate the evidence about whether the rent and maintenance fee have been paid and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the building.
My uncle passed away six months ago and as sole heir and executor I was left the house in St Neots. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to , pay off the mortgage. Is this possible?
If you plan to refinance then will insist on your using 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.
My wife and I are planning on selling our property in St Neots and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the purchasers are using a factory type conveyancing practice rather than a conveyancing solicitor in St Neots. Having lived in St Neots for many years we know that this is a non issue. Should we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Due to the guidance of my in-laws I had a survey completed on a property in St Neots ahead of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some banks may refuse to issue a loan on such a home.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in St Neots. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in St Neots to see if the conveyancing will be more expensive.
I need to instruct a conveyancing solicitor in St Neots for my house move. Is there any facility to review a firm’s record with the legal regulator?
Members of the public can read published Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator may monitor call for training purposes.