It is a dozen years since I purchased my home in Hampstead. Conveyancing solicitors have recently been retained on the sale but I can't find the deeds. Will this cause complications?
You need not be too concerned. Firstly there is a possibility that the deeds will be retained by your lender or they could be in the possession of the conveyancers who handled your purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. Most conveyancing in Hampstead involves registered property but in the rare situation where your property is not registered it is more tricky but is not insurmountable.
My uncle passed away last year and as sole heir and executor I was left the property in Hampstead. The house had a small mortgage 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 allowed?
Given 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.
A relative recommended that where I am buying in Hampstead I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Hampstead conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Hampstead around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hampstead Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Hampstead.
I have been on the look out for a flat up to £245,000 and identified one near me in Hampstead I like with open areas and railway links nearby, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Hampstead in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan the remaining unexpired lease term may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
Looking for a conveyancing solicitor in Hampstead. I did have one sorted but they are not on the approved list of . It seems that these days most banks only allow on their panel. Very annoying limiting the choice for the paying public. Please can you suggest a cheap Hampstead that can assist us as well as represent ?
The purpose of this site is restricted to being a directory service for who want to be listed as being on the approved conveyancing panel for in certain areas for example Hampstead . We dont recommend any particular .