My partner and I are refinancing our maisonette in Burntwood with Kent Reliance. We have a son 19 who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this form unique to the Kent Reliance conveyancing panel as he did not need to sign this form when we purchased 4 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
First, rest assured that your Kent Reliance 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 Kent Reliance. This is solely used to protect Kent Reliance 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 Kent Reliance 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 are downsizing from our property in Burntwood and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Burntwood conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using an internet conveyancing practice rather than a conveyancing solicitor in Burntwood. We have lived in Burntwood for many years we know of no issue. Is it a good idea to get in touch with our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Me and my brother purchased a terraced Victorian house in Burntwood. Conveyancing solicitor acted for me and Nationwide Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the exact same address. Is it worth asking Nationwide Building Society to clarify?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Burntwood and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing lawyer who conducted the work.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Burntwood is the location of the property. What do you suggest?
Flying freeholds in Burntwood are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Burntwood you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Burntwood may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am a sole trader wishing to lease a unit on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Burntwood for less than £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Burntwood, 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 unit or a complete business we will put you in touch with the right lawyer. Regarding the charges these will vary based on the structure and complexity of the proposed transaction. Please provide us with your contact information or phone us so that we may furnish you with a fixed commercial conveyancing quote.
In searching the world wide web for the term cheap conveyancing in Burntwood it brings up numerous conveyancersin the vicinity. How do I determine which is the suitable conveyancer for the sale of my house?
The best way of finding a suitable conveyancer is via personal recommendation, so seek the guidance of colleagues and those you trust who have bought a property in Burntwood or the local estate agent or financial adviser. Fees for conveyancing in Burntwood vary, so it's a good idea to obtain a minimum of three fee calculations from different property lawyers. Dont forget to clarify that the charges are guaranteed not to rise.