My partner and I intend to remortgage our maisonette in Baldock with Lloyds. We have a son 18 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Lloyds conveyancing panel as he never had to sign this form when we bought 4 years ago (2) In signing this form is our son in any way compromising his right 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 Lloyds. This is solely used to protect Lloyds 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 Lloyds 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.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Baldock. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 6/5/2025, the requirements read as follows :
A colleague advised me that in purchasing a property in Baldock there could be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are anumerous of properties in Baldock which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Baldock should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the Baldock conveyancing solicitor on the Clydesdale panel is any good?
When it comes to conveyancing in Baldock seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor conducting your conveyancing.
We were going to get a DIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Baldock solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Baldock solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
I'm purchasing my first flat in Baldock with the aid of help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not disclose to my lawyer about the extras as it could affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the input of my in-laws I had a survey completed on a house in Baldock before instructing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some banks may refuse to grant a mortgage on such a home.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you call us we can check 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 Baldock. Conveyancing will be smoother if you use a solicitor in Baldock especially if they are acquainted with such properties in Baldock.
What are the differing property related services that Baldock conveyancing solicitors provide?
Generally most Baldock conveyancing organisations tend to provide a number of assistance to domestic and rural land owners, vendors, first time buyers, freeholders and tenants including the following:
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House sale conveyancing in Baldock or beyond
Residential purchase conveyancing in Baldock and countrywide
Leasehold enfranchisement (advice to both landlords and tenants) First registrations Baldock conveyancing for Employee Relocation conveyancing schemes in and outside of Baldock Advice on Energy Performance Certificates