My husband and I intend to remortgage our maisonette in Brixworth with Bank of Ireland. We have a son 18 who lives at home. Our solicitor has asked us to disclose any adults 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 repossessed. I have a couple of questions (1) Is this form unique to the Bank of Ireland conveyancing panel as he never had to sign this form when we remortgaged 3 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your Bank of Ireland 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 Bank of Ireland. This is solely used to protect Bank of Ireland 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 Bank of Ireland 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 have 7378 less than 75 years remaining on my lease and require a lease extension for my flat in Brixworth. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/11/2024 the requirements read as follows :
I need some fast conveyancing in Brixworth as I have pressure to exchange contracts within one month. Thankfully I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you are at free not to have searches conducted although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Brixworth the following are examples of issues that can be revealed and therefore affect the marketability of the property: Enforcement Actions, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
I am buying a new build apartment in Brixworth. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Brixworth
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants.
My step-father has urged me to use his conveyancing solicitors in Brixworth. Should I use them?
Much as we are happy to recommend a Brixworth conveyancing lawyer the best way to select a conveyancing lawyer is to get guidance from friends or family who have actually experience in using the solicitor that you are contemplating using.
What is the best way to find the right lawyer for my conveyancing in Brixworth ?
Option 1 is to ask the people you trust who they used in the past and if they were happy with the service. Option 2 is to use a search tool on the internet for conveyancing in Brixworth. Call a couple or more firms from the list and ask them to send you their conveyancing estimate and discuss your needs with the solicitor who will conduct your conveyancing before you commit. Third is to use our search tool to assist you in finding the right solicitors taking into account your unique factors including location,speed, complexity and who your intended lender is.Avoid the trap of appointing lowest cost conveyancing solicitors in Brixworth