My fiance and I changing mortgage lender for our maisonette in Chopwell with Nottingham. We have a son 19 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document 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 form unique to the Nottingham conveyancing panel as he did not need to sign this form when we bought 4 years ago (2) Does our son by signing this extinguish his entitlement 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 Nottingham. This is solely used to protect Nottingham 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 Nottingham 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.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Chopwell?
Two types of professional can perform conveyancing in Chopwell namely licenced conveyancers or solicitors. The two can handle conveyancing services that you need to complete the sale or acquisition of property. Both are obliged to execute Chopwell conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly conducted and that the requirements and procedures should be appropriately followed.
I have decided to exercise my right to buy my property in Chopwell off the council. I have a mortgage offer with Kent Reliance. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
After what feels like an age I have had an offer on a maisonette in Chopwell agreed to, but there is a chain. The owners have put an offer on on an apartment, but it’s not yet tied up, and are looking at other apartments booked. I have selected a local conveyancing solicitor in Chopwell. What should be my next step? At what point should I apply for the mortgage with RBS?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of £1k, then valuation, Chopwell conveyancing search fees, etc). First, you should check that your conveyancing practitioner is on the RBS conveyancing panel. Concerning the next steps this very much depends on the specifics of your case, motivation for the property and on the state of the market. During a hot market many purchasers would apply for a home loan with RBS and arrange for the valuation and only if it was satisfactory would they request their property lawyer to proceed with searches.
I purchased a semi-detached Edwardian property in Chopwell. Conveyancing lawyer acted for me and Santander. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching address. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chopwell and other locations in 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 mortgage companies. You can also question the position with the conveyancing practitioner who completed the work.
I am buying a new build apartment in Chopwell. 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 is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Chopwell
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I need to appoint a conveyancing solicitor for sale conveyancing in Chopwell. I happened to land on a site which looks to be the perfect answer If there is a chance to get all the legals completed via web that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Builders have suggested I use a conveyancer and I've obtained a quote from them. It's nearly three hundred pounds less expensive than my local Chopwell solicitor. Should I use them?
Developers often have panels of conveyancing practitioners who expedite matters and who know the seller’s contract and conveyancer. As many developers offer an incentive to select their approved solicitor for this reason, any increased fees can be avoided and a developer will not recommend a conveyancing warehouse and run the risk of having the transaction delayed when they need an exchange within a tight deadline. The argument for not opting for the recommended conveyancing practitioner is that they may be reluctant to 'push' your interests for fear of alienating the housebuilder. Where you have concerns that this may be the case you should remain with your local Chopwell conveyancer.