My wife and I are refinancing our penthouse in Beddington with UBS. We have a son 18 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is repossessed. I have two questions (1) Is this document specific to the UBS conveyancing panel as he never had to sign this form when we purchased 5 years ago (2) Does our son by signing this giving up 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 UBS. This is solely used to protect UBS 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 UBS 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.
Having sold my house in Beddington last April yet the purchaser is calling me to moan that her lawyer needs to hear from mine. What are the post completion sale formalities following completion?
Following your house sale your conveyancer should forward the transfer documentation and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also send confirmation that the home loan has been repaid to the purchasers conveyancers. There are no post completion procedures specific conveyancing in Beddington.
The deeds to our property can not be found. The lawyers who did the conveyancing in Beddington 10 years ago no longer exist. What do I do?
Nowadays there are copies made of almost everything, and your conveyancer should be aware exactly where to locate all the appropriate paperwork so you can buy or dispose of your house without a hitch. If copies can’t be found, your solicitor may be able to put in place insurance or indemnities against possible claims on your premises.
I am looking into buying my first house which is in Beddington and I am already nervous. I couldn't find anything specific about Beddington. Conveyancing will be needed in due course but do you know about the Beddington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Beddington. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing solicitor for leasehold conveyancing in Beddington. I've chance upon a site which looks to be the ideal solution If it is possible to get all formalities done via email that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have noted on a number of online forums that before selecting a conveyancing lawyer they need approved by your bank. I am novice purchaser but I have an AIP via HSBC and I already have a bricks and morter conveyancing solicitor in Beddington at the ready. Will Halifax insist on an approved solicitor to be selected? If so, where can I find that list for my conveyancing in Beddington?
You need to choose a solicitor that is on the Halifax panel. Just call your chosen Beddington conveyancing solicitor to check if they are on the Halifax panel. If they are not on the panel you have a couple of choices available to you here:
- Complete the deal with your existing Beddington solicitor but Halifax will undoubtedly appoint a conveyancer from their conveyancing panel. This will result in additional fees together with probable interruption.
- Appoint a new lawyer to act in the purchase, ensuring that they are on the Halifax conveyancing panel.
- Convince your conveyancing practitioner to seek to join the bank panel.