My fiance and I intend to remortgage our maisonette in Hornchurch with Clydesdale. 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 lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have two concerns (1) Is this document specific to the Clydesdale conveyancing panel as he did not need to sign this form when we bought 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 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.
Can you point me to a directory of Aldermore panel conveyancers in Hornchurch on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lending institutions make their panel listings viewable over the internet. If you are looking for a Hornchurch lawyer on the Aldermore please use our tool.
I recently had an offer agreed on an apartment in Hornchurch. My financial adviser recommended their conveyancers. I paid an advanced payment of £150. Shortly after, the conveyancing practitioner contacted me to say that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Principality have agreed my home loan in principle, my bid on a flat in Hornchurch has been agreed to, what are the next steps?
The property agent will need to be advised as to your conveyancer's details (be sure the lawyers are on the bank’s panel). Contact Principality or the financial adviser and finalise any appropriate forms. Principality will appoint a valuer who will get in contact with the estate agent or vendor to schedule an appointment. Once conducted (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Principality will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Hornchurch.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The lawyers who handled the conveyancing in Hornchurch 4 years ago have long since closed. What do I do?
In today’s world there are copies made of almost everything, and your conveyancer will know exactly where to locate all the appropriate paperwork so you can buy or dispose of your property without a hitch. Where duplicates are not available, your conveyancer can arrange cover in the form of insurance or indemnities protecting you against possible claims on the premises.
I have been on the look out for a ground for flat up to £305k and identified one round the corner in Hornchurch I like with a park and station nearby, however it only has 61 years unexpired on the lease. There is not much else in Hornchurch suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the shortness of the lease will be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.
I am selling my property. My previous solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Hornchurch if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Hornchurch. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
We are in the process of purchasing a property in Hornchurch. Can the lawyer have the amount we are are purchasing for confidential from sites such as Zoopla. How do I ensure this is not noted?
The Land Registry as a matter of law obliged to disclose price paid data on the official title for domestic properties countrywide including premises in Hornchurch. The Title Register is an open document, so HM Land Registry would be breaching their statutory duty excluded specific homes such as the one in Hornchurch.
In essence you can ask the Land Registry to withhold the price paid data yet the response will be in the negative.