I plan on purchasing a flat in Hartlebury. My Solicitor is not listed on the mortgage company solicitor panel. Can I still appoint my Hartlebury conveyancing solicitor even though they are excluded from the mortgage company approved list?
You must use a lawyer to deal with the formalities when you require a mortgage to purchase your home. They will conduct all the relevant legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the required mortgage paperwork is in order. One could select a Hartlebury property lawyer of your choice. However, where the solicitor selected is not on the bank conveyancing panel further fees will arise as separate legal representation will be required by them. Conveyancing panel applications may be submitted, so where your solicitor has not previously applied for membership they can do so.
My husband and I changing mortgage lender for our maisonette in Hartlebury with Clydesdale. We have a son 19 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is repossessed. I have a couple of concerns (1) Is this document specific to the Clydesdale conveyancing panel as he never had to sign this form when we bought 4 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Clydesdale 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 Clydesdale. This is solely used to protect Clydesdale 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 Clydesdale 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.
At what point does exchange of contracts take place for residential conveyancing in Hartlebury and am I required to be at the solicitors office?
If you are round the corner to one of the conveyancing solicitors in Hartlebury you are invited in to sign the paperwork. However, the law practices we recommend offer a national conveyancing service and give as equally comprehensive and professional a job for you when communicating with you digitally. The executing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the firm to address the formalities at the appropriate time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Hartlebury)to be in the office available at the end of the phone to exchange contracts.
Over the last few months I have been searching for a ground for flat up to £305k and found one close by in Hartlebury I like with a park and railway links in the vicinity, however it only has 49 years on the lease. I can't really find anything else in Hartlebury for this price, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
My father has suggested that I use his conveyancing solicitors in Hartlebury. Should I use them?
No doubt the best way to find a conveyancing lawyer is to seek guidance from friends or relatives who have experience in using the firm that you are considering.
There are numerous properties in Hartlebury on unadopted roads. I am buying such a house. Are there any benefits to buying a property on a privately owned road?
Hartlebury conveyancing solicitors will be familiar with dealing houseson unadopted roads. The lawyer should review the Land Registry data to find any rights or liabilities. In many cases there is a management company (wholly owned by residents) that owners make annual payments for the upkeep of the road. Where one exists, the road will likely be maintained and appear nicer than council owned.