My partner and I are refinancing our maisonette in Bradwell with Barclays. We have a son 19 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, waiving any legal rights in the event that the property is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Barclays 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?
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 Barclays. This is solely used to protect Barclays 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 Barclays 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 own a freehold property in Bradwell yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Bradwell and has limited impact for conveyancing in Bradwell but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
A friend advised me that in buying a property in Bradwell there may be a number of restrictions affecting the ability to carry out external changes to a property. Is this right?
We are aware of anumerous of properties in Bradwell which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Bradwell should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously appointed conveyancers with offices in Bradwell on the HSBC solicitor approved list. They are now charging me a separate fee for the legal aspects of the HSBC mortgage. Is this an additional conveyancing fee set by HSBC?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitor is entitled to levy a fee for this. This fee is not set by HSBC but by your Bradwell conveyancing practitioner. Some firms on the HSBC panel will levy ’dealing with mortgage’ fee but many firms incorporate it on their overall fee.
We expect to receive a OIP from HSBC this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do HSBC recommend any Bradwell solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Bradwell solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
My colleague recommended that if I am purchasing in Bradwell I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Bradwell conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Bradwell around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Bradwell Education with maps and statistics, Local Amenities and other useful information about Bradwell.
I am downsizing from my home. My past conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Bradwell if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Bradwell. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am 14 days into a residential purchase having been recommend to conveyancers by the estate agent to carry out the conveyancing in Bradwell. We are not happy. Can you you assist me in finding new conveyancers?
A solicitor would have to be really bad in order to consider changing them. Has your mortgage been issued? In the event that it has you must advise them of the new contact details and get the loan are issued to the new lawyers. Your solicitor ideally should be on the lenders approved list to avoid added costs and delays. So that should be your starting point. The find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Bradwell