My fiance and I changing mortgage lender for our penthouse in Crofton Park with Virgin Money. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have two concerns (1) Is this form unique to the Virgin Money conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
First, rest assured that your Virgin Money 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 Virgin Money. This is solely used to protect Virgin Money 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 Virgin Money 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.
How up to date is your database of Crofton Park solicitors on the Clydesdale conveyancing panel? Do Clydesdale send you an updated list?
Crofton Park conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
What is the difference between a licensed conveyancer and conveyancing solicitor in Crofton Park
There are two types of lawyers who can conduct conveyancing in Crofton Park namely CLC regulated conveyancers or solicitors. Both professionals handle conveyancing services that required to complete the sale or acquisition of property. Both are obliged to handle Crofton Park conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be properly administered and that the requisite procedures will be suitably followed.
My bid for a property was accepted at auction in Crofton Park. Conveyancing is necessary. What happens now?
Having exchanged you will need to find a conveyancing solicitor as a matter of priority as you are faced with a pending a fixed date to complete the purchase. An auction property will ordinarily have a corresponding legal set of papers. This should include evidence of title and search results. If you have purchased leasehold property the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You need to give this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are organised to complete the transaction on the set completion date.
I had an offer accepted on a house in Crofton Park on 9/12/2025, valuation was booked 4 days after, received a clean bill of health. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Virgin Money and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Virgin Money conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.
I bought my flat on 5 April and the transaction details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Crofton Park expressed confidence that it will be formalised in a couple of weeks. Are transfers in Crofton Park uniquely lengthy to register?
There is nothing unique about conveyancing in Crofton Park registration formalities. Rather than based on location, timeframes can differ subject to who lodges the application, whether it is in order and if the Land registry must send notices to any interested parties. At present in the region of 80% of such applications are fully addressed within 12 days but some can be subject to protracted hold-ups. Registration occurs once the new owner has moved in to the premises so 'speed' is not typically primary concern yet if it is urgent that the the registration takes place urgently then you or your conveyancer should contact the land registry and explain the circumstances.
I am buying a new build house in Crofton Park benefiting from help to buy. The sellers would not budge the price so I negotiated £7000 of additionals instead. The estate agent advised me not reveal to my lawyer about this extras as it will impact my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Crofton Park cover?
Non domestic conveyancing in Crofton Park incorporates a wide range of advice, supplied by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.