My partner and I intend to remortgage our flat in Claverdon with UBS. We have a son 18 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. 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 concerns (1) Is this form unique to the UBS conveyancing panel as he never had to sign this form when we bought 3 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 UBS. This is solely used to protect UBS 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 UBS 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.
What can a local search reveal about the property we're buying in Claverdon?
Claverdon conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company such as Searches UK The local search plays an important role in many a Claverdon conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search will provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Claverdon is where the house is located. What do you suggest?
Flying freeholds in Claverdon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Claverdon 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 Claverdon may ascertain 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 residence.
Is it possible to switch firm as I need to select one who is on the Norwich and Peterborough Building Society conveyancing list. I hired a high street conveyancing solicitor in Claverdon round the corner but he is not approved by Norwich and Peterborough Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Claverdon on the Norwich and Peterborough Building Society panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Claverdon. Using search facility on this page, you can scrutinise costs for conveyancing solicitors in Claverdon and throughout England and Wales.
I am using a search engine for the phrase conveyancing in Claverdon it reveals numerous property lawyersin the vicinity. With so much choice what is the best way to find the right solicitor for purchase transaction?
The best method of choosing the right conveyancer is via personal referral, so seek the counsel of friends and relatives who have bought a property in Claverdon or a respected estate agent or financial adviser. Costs for conveyancing in Claverdon differ, so it's sensible to request a minimum of four fee estimates from different property lawyers. Be sure to secure confirmation what costs in the quote includes.
What can I do to discover who owns a house in Claverdon?
As long as the property is registered with the Land Registry, and you have requisite details of the location of the property, you should be able to obtain details from the HMLR of the registered owner for a a minimal charge.