My uncle passed away 10 months ago and as sole heir and executor I was left the house in Cobham. The house had a small mortgage 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 allowed?
If you intend 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.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a property in Cobham? or Apparently there is a law dating back centuries that means some owners of property residing in a parish church boundary will be compelled to contribute towards maintenance towards the chancel in proximity to the church. Is this appropriate for conveyancing in Cobham?
Unless a prior purchase of the house completed post 12 October 2013 you may take it that conveyancing practitioners carrying out conveyancing in Cobham to remain encouraging a chancel search and or chancel repair liability insurance.
Due to the advice of my in-laws I had a survey completed on a property in Cobham ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will refuse to give a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Cobham. Conveyancing will be smoother if you use a solicitor in Cobham especially if they are familiar with such properties in Cobham.
My father has suggested that I appoint his conveyancers in Cobham. Do I follow his advice?
No doubt the ideal way to choose a conveyancing solicitor is to have referrals from friends or family who have previously instructed the solicitor you're contemplating using.
What is the average legal costs for conveyancing in Cobham?
The average cost in 2014 for conveyancing in Cobham was just over one thousand four hundred and fifty pounds not including Land Tax and HM Land Registry fees.