I am expecting a mortgage with Nat West. I would like to retain the legal services of a Licensed Conveyancer in Charterhouse. Does the Nat West Solicitor panel allow for conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My fiance and I are refinancing our flat in Charterhouse with TSB. We have a son approaching twenty who lives at home. Our solicitor requested us to identify 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 two questions (1) Is this document specific to the TSB conveyancing panel as he never had to sign this form when we bought 4 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 TSB. This is solely used to protect TSB 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 TSB 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 planning to acquire a flat and require a conveyancing solicitor in Charterhouse who is on the TSB conveyancing panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Charterhouse.
Me and my brother purchased a renovated Georgian property in Charterhouse. Conveyancing lawyer represented me and Accord Mortgages Ltd. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. Is it worth asking Accord Mortgages Ltd 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 Charterhouse and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing practitioner who conducted the work.
I opted to have a survey completed on a property in Charterhouse before retaining solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will not give a loan on such a premises.
It varies from the lender to lender. Santander has different instructions from Nationwide. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Charterhouse. Conveyancing will be smoother if you use a solicitor in Charterhouse especially if they regularly deal with such properties in Charterhouse.
Am I best advised to appoint a Charterhouse conveyancing lawyer in close proximity to the house I am hoping to buy? An old friend can deal with the conveyancing but his firm is located 400miles away.
The benefit of a local Charterhouse conveyancing practice is that you can visit the firm to sign documents, hand in your identification documents and apply pressure on them if necessary. They will also have local insight which is a plus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and the majority were content that should outweigh using an unknown Charterhouse conveyancing solicitor just because they are round the corner.