My grandfather passed away last year and as sole heir and executor I was left the property in Kent. The house had a relatively small loan left on it of around £5k. 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 re-mortgage 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.
We are buying a house in Kent. It might be a silly question but how we can trust a solicitor? At some point we have to put money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Kent?
Two types of professional can carry out conveyancing in Kent namely licenced conveyancers or solicitors. The two can handle the legal services that you need to complete the disposal or purchase of property. Both are duty bound to execute Kent conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be properly conducted and that the requisite procedures should be suitably attended to.
My partner and I have arranged a further advance on our mortgage from as we want to conduct improvements to our home in Kent. Do we need to select a nearby Kent solicitor on the conveyancing panel to deal with the legals?
would not normally appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the conveyancing panel.
I bought my apartment on 2 November and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Kent expressed confidence that it would be formalised in a couple of weeks. Are transfers in Kent uniquely lengthy to register?
As far as conveyancing in Kent is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can differ subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any other parties. At present in the region of three quarters of submission are fully dealt with in less than three weeks but some can be subject to longer hold-ups. Historically registration occurs after the new owner has moved in to the property so an expedited registration is not typically top priority yet where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I decided to have a survey completed on a property in Kent ahead of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some banks tend refuse to issue a mortgage on such a premises.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Kent. Conveyancing will be smoother if you use a solicitor in Kent especially if they regularly deal with such properties in Kent.
I'm refinancing my current property to a BTL mortgage with and I will use the ballance of the raised equity as a down payment on a second house. The area we are interested in is Kent. Will your lawyers be able to act for the two banks and tie in the transactions?
Make use of our comparison tool on this site to ensure that the solicitors are on the relevant lender panels. On the basis that they are your solicitor will be able to simultaneously deal with the two transactions but you should have a chat with you conveyancer and make clear your expectations and requirements.