My fiance and I swapping mortgage lender for our apartment in Blackley with Skipton. We have a son approaching twenty 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. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have two concerns (1) Is this document specific to the Skipton conveyancing panel as he did not need to sign this form when we remortgaged 5 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 Skipton. This is solely used to protect Skipton 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 Skipton 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.
We wanted to use a conveyancing solicitor in Blackley for our home move. Our broker informed us that our mortgage lenders Platform Home Loans Ltd won't deal with them. Why is this not regarded as unfair competition?
A bank can insist on a panel conveyancer act for it. Borrowers are liable to meet the cost of this. Try using our search facility to locate a solicitor to conduct conveyancing in Blackley on the Platform Home Loans Ltd conveyancing panel.
Do commercial conveyancing searches disclose planned roadworks that could affect a commercial estate in Blackley?
Its becoming the norm that commercial conveyancing solicitors in Blackley will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Blackley. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Blackley.
For each commercial conveyancing transaction in Blackley it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Blackley commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Blackley.
I used Arc property Solicitors several years past for my conveyancing in Blackley. Now, I need my files however cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Blackley of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I opted to have a survey carried out on a property in Blackley prior to retaining solicitors. I have been advised that there is a flying freehold element to the property. My surveyor has said that some banks tend not give a mortgage on such a home.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Blackley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Blackley to see if the conveyancing will be more expensive.
I'm converting the mortgage on my existing property to a buy to let mortgage with TSB and intend to use the remaining equity as a deposit on further house. The location we are talking about is Blackley. Will your solicitors be able to act for the two lenders and tie in the conveyances?
Do use our search tool on this site to check that the lawyers are on the appropriate lender panels. Assuming that they are your conveyancer should be able to connect the two deals but you should have a chat with you conveyancer and communicate your desired outcome and requirements.