My partner and I intend to remortgage our apartment in Englefield Green with Co-operative. We have a son 18 who lives with us. 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 flat is repossessed. I have a couple of questions (1) Is this form unique to the Co-operative conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Co-operative 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 Co-operative. This is solely used to protect Co-operative 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 Co-operative 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.
I am buying a right to buy a flat in Englefield Green. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Englefield Green you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Englefield Green.
A friend advised me that if I am buying in Englefield Green I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Englefield Green conveyancing searches. It is a large report of about 40 pages, listing and setting out significant information about Englefield Green around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Englefield Green Education with plans and statistics, Local Amenities and other useful information regarding Englefield Green.
What does commercial conveyancing in Englefield Green cover?
Commercial conveyancing in Englefield Green covers a wide range of services, supplied by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
Is it best to appoint a Englefield Green conveyancing solicitor in close proximity to the house I am purchasing? We have a good friend who can carry out the legal formalities however they are based approximately 350kilometers away.
The benefit of a high street Englefield Green conveyancing practice is that you can attend the office to sign documents, hand in your identification documents and apply pressure on them where appropriate. They will also have local insight which is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and in the main were content that must outweigh using an unknown Englefield Green conveyancing solicitor solely due to them being based in the area.
I have been recommended a conveyancing solicitor in Englefield Green. I I would like to check if they are listed on the lender's conveyancing panel. Can you or the bank confirm if they are on the panel?
You should call your solicitor to enquire if they are on the lender's panel. Alternatively please call us and we can make some checks for you. Should the firm not be on the lender panel we we can help find a specialist conveyancing solicitor in Englefield Green on the approved list for your lender.