My husband and I intend to remortgage our penthouse in Bozeat with Yorkshire BS. We have a son 19 who lives at home. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have two concerns (1) Is this document specific to the Yorkshire BS conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Yorkshire BS conveyancing panel solicitor is doing the right thing 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 Yorkshire BS. This is solely used to protect Yorkshire BS 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 Yorkshire BS 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 used Action Conveyancing a few years past for my conveyancing in Bozeat. I now require my file however cannot find the solicitor. What do I do?
You should contact 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 Bozeat of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Bozeat differ for new build properties?
Most buyers of new build residence in Bozeat come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Bozeat tend to 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 property lawyers 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 accustomed to new build conveyancing in Bozeat or who has acted in the same development.
I am a sole trader looking to lease a unit on a shopping parade. Can you recommend solicitors offering competitive costs for non-domestic conveyancing in Bozeat for under 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Bozeat, including the sale and acquisition of businesses as well as simply property. If you are looking to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the costs these will vary based on the structure and complexity of the deal. Let us have your contact information or telephone us so that we can furnish you with a fixed commercial conveyancing calculation.
My husband and I are four weeks into a residential purchase having been referred to conveyancers by the high street agent to do our conveyancing in Bozeat. I am am starting to be disappointed with the level of service. Can you you assist me in finding new solicitors?
A solicitor would have to be very poor to suggest changing them. Has your mortgage been generated? In the event that it has you need to advise them of the new lawyer and get the loan are re-issued. Your new solicitor ideally should be on the mortgage company approved list to avoid supplemental costs and complications. So that should be your first question of the new conveyancers. The find a solicitor tool can assist you in finding a lender approved lawyer for your conveyancing in Bozeat
Our sealed bid on semi in Bozeat has been agreed to, but there is a chain. The vendors have offered on somewhere, although it’s not yet agreed to, and are looking at other flats booked. I have instructed a local conveyancing solicitor in Bozeat. What do I do now? At what stage do I apply for the mortgage with Lloyds?
It is standard to have anxieties where there is a chain given your reluctance to be too out of pocket too early (home loan application is approx £1k, then survey, Bozeat conveyancing search costs, etc). First, you must ensure that your property lawyer is on the Lloyds conveyancing panel. Regarding the subsequent steps this very much dictated by the uniqueness of your transaction, desire for the property and on the state of the market. In a hot market some home buyers would apply for a home loan with Lloyds and pay for the survey and only if it was satisfactory would they ask their property lawyer to proceed with the conveyancing in Bozeat.