My wife and I changing mortgage lender for our penthouse in Harrow with Coventry BS. We have a son 18 who lives at home. Our solicitor has asked us to disclose any adults 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 repossessed. I have two concerns (1) Is this document specific to the Coventry BS 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?
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 Coventry BS. This is solely used to protect Coventry BS 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 Coventry BS 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 purchasing a garden flat in Harrow. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Harrow you will have to appoint a solicitor on your mortgage company'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 Harrow.
My friend suggested that if I am purchasing in Harrow I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Harrow conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Harrow around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Harrow Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information about Harrow.
I opted to have a survey done on a house in Harrow in advance of retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some lenders will refuse to issue a loan on this type of property.
It varies from the lender to lender. HSBC has different instructions from Nationwide. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Harrow. Conveyancing may be slightly more expensive based on your lender's requirements.
How easy is it to transfer to a new solicitor as I have to find a firm on the Clydesdale conveyancing list. I was using a high street conveyancing solicitor in Harrow five minutes from me but he is not accepted by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Harrow on the Clydesdale panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Harrow. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Harrow.
I am thinking of appointing a conveyancing practitioner in Harrow for my purchase. Is it possible to review a firm’s record with the legal regulator?
Members of the public may find presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training reasons.