My grandmother passed away last year and as sole heir and executor I was left the house in Market Bosworth. 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 possible?
If you plan 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.
My wife and I are purchasing a apartment in Market Bosworth. I might seem paranoid but how we can trust a lawyer? At some point we will need to put money into their account. What is the protection we have from them run away with our money?
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.
My bid for a property was accepted at auction in Market Bosworth. Conveyancing is necessary. What are my next steps?
Now that you are for all intents and purposes signed on the dotted line you should retain a conveyancing solicitor quickly as you are faced with a fast approaching deadline in which to complete the property. An auction property will ordinarily have a corresponding legal pack. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction papers should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You should pass this on to your appointed conveyancing solicitor ASAP. You also need to ensure that that you have the requisite funding organised to complete on the date specified in the contract.
Planning on purchasing a apartment in Market Bosworth. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Market Bosworth is on the conveyancing panel.
We are buying a house and the conveyancer has identified Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. He has suggested insurance. Is this really appropriate for conveyancing in Market Bosworth
Unless a prior purchase of the house took place after 12 October 2013 you can take it that solicitors conducting conveyancing in Market Bosworth to continue to recommend a chancel search and or insurance against a claim.
As co-executor for the will of my father I am selling a residence in Monmouth but reside in Market Bosworth. My lawyer (based 235 miles awayrequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Market Bosworth to witness this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are Market Bosworth based
I'm purchasing a flat in Market Bosworth. I have found my conveyancer's company on the CLC list, but I can't see my conveyancer's name as listed on the regulator's website. Is this a big problem?
Not all staff in the law firm must be listed by the regulator. Provided there is someone qualified to 'oversee' the work, the actual day-to-day activity can be undertaken by unqualified staff.