My husband and I are refinancing our penthouse in Addlestone with Nottingham. We have a son 18 who lives at home. Our solicitor has asked us to disclose any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this document specific to the Nottingham conveyancing panel as he never had to sign this form when we remortgaged 3 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Nottingham. This is solely used to protect Nottingham if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Nottingham had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
At what point can the exchange of contracts happen for domestic conveyancing in Addlestone and am I required to be at the conveyancers office?
Where you are near to our conveyancing solicitors in Addlestone you are invited in to sign documents. That being said, the lender approved solicitors we recommend offer a nationwide conveyancing service and give as equally diligent and professional a job for you when communicating with you electronically. The signing of the property agreement is not the critical part. A signed contract is necessary for the firm to address the formalities at the appropriate time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Addlestone)to be in the office at the appropriate time.
Having spent time reading consumer advice sites for a recommended solicitor in Addlestone, most post that I should instruct a CQS accredited lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home moving process, trusted by some of the UK's leading mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). The scheme does not cover licenced conveyancers. Addlestone is one of the many areas of the UK where there are CQS lawyers.
My wife and I are downsizing from our property in Addlestone and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used an internet conveyancing firm as opposed to a conveyancing solicitor in Addlestone. We have lived in Addlestone for three years we know of no issue. Should we contact our local Authority to get clarification need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? 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)
I have justbeen informed that Stirling Law have been shut down. They carried out my conveyancing in Addlestone for a purchase of a freehold house 18 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Addlestone conveyancing specialists.
How does conveyancing in Addlestone differ for new build properties?
Most buyers of new build or newly converted property in Addlestone approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because new home sellers in Addlestone usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Addlestone or who has acted in the same development.