My partner and I intend to remortgage our apartment in Fleetwood with UBS. We have a son 19 who lives with us. Our solicitor has asked us to disclose 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 property is repossessed. I have a couple of concerns (1) Is this form unique to the UBS conveyancing panel as he did not need 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.
As someone not used to conveyancing in Fleetwood what’s the number one tip you can give me concerning the ownership transfer in Fleetwood
Not many law firms or advisers will tell you this but conveyancing in Fleetwood or throughout England and Wales is an adversarial experience. Put another way, when it comes to conveyancing there is lots of opportunity for friction between you and other parties involved in the legal transfer of property. For instance, the vendor, property agent and even potentially the lender. Choosing a solicitor for your conveyancing in Fleetwood is a critical decision as your conveyancer is your adviser, and is the ONLY person in the legal process whose interest is to look after your legal interests and to keep you safe.
We are witnessing a distinct ongoing adversarial element to conveyancing- someone has to be at fault for the process taking so long. You must always trust your solicitor ahead of the other players when it comes to the legal assignment of property.
I am looking to buy a property and require a conveyancing solicitor in Fleetwood who is on the Nationwide Building Society conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Fleetwood. We dont recommend any particular firm.
I am assisting my aunt sell her flat in Fleetwood. Does the conveyancing solicitor commission the energy assessment or it is for the seller to coordinate?
Following the abolition of Home Packs, EPC’s was maintained a compulsory element of selling a house. An EPC must be to hand prior to the property being marketed. It is not as aspect of the sale process that conveyancers ordinarily organise. Where you are using a Fleetwood conveyancing solicitor they might help arrange EPC’s given their relationships with reputable local energy assessors
A friend pointed out to me me that in purchasing a property in Fleetwood there may be various restrictions as to what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Fleetwood which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Fleetwood should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I buying a 4 bedroom semi-detached house in Fleetwood. We would like to convert the garage to a playroom at the property.Will legal investigations on the property involve enquiries to determine if these works are allowed?
Your conveyancer will check the deeds as conveyancing in Fleetwood can on occasion identify restrictions in the title deeds which prohibit categories of works or necessitated the consent of a 3rd party. Many extensions call for local authority planning permissions and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be wise to check these things with a surveyor before you commit yourself to a purchase.
It has been five months following my purchase conveyancing in Fleetwood concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Fleetwood in advance of retaining lawyers. I have been advised that there is a flying freehold element to the house. My surveyor has said that some banks may refuse to grant a loan on this type of house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you contact us we can check via 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 Fleetwood. Conveyancing may be slightly more expensive based on your lender's requirements.