It has come to my attention via my financial adviser that my Kesgrave property lawyer is not on the lender Conveyancing panel. What can I do to check?
Your first step should be to contact your Kesgrave lawyer directly. You lawyer should inform you what has happened. Where they are not on the panel they may be able to suggest a Kesgrave conveyancing firm that is on the approved list of lawyers for your lender.
My partner and I changing mortgage lender for our apartment in Kesgrave with RBS. We have a son 18 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, giving up any rights in the event that the property is forfeited by the lender. I have a couple of questions (1) Is this form unique to the RBS conveyancing panel as he did not need to sign this form when we purchased 4 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your RBS 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 RBS. This is solely used to protect RBS 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 RBS 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 understand that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a residence in Kesgrave? or I am told that there is a law dating back centuries that could mean that owners of property living in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this a legitimate concern for conveyancing in Kesgrave?
Unless a prior acquisition of the premises completed post 12 October 2013 you can expect conveyancing practitioners conducting conveyancing in Kesgrave to remain encouraging a chancel search and or chancel repair liability policy.
I'm remortgaging my current home to a buy to let mortgage with Godiva Mortgages Ltd and intend to use the remaining equity towards a second house. The neighborhood we are talking about is Kesgrave. Will your lawyers be able to act for both sets of mortgage companies and link together the conveyances?
Do use our comparison tool on this site to check that the lawyers are approved by both banks. On the basis that they are your lawyer will be able to simultaneously deal with the two transactions but you should have a chat with you solicitor and make clear your expectations and requirements.
I am 18 days into a residential purchase having been directed to solicitors by the local agent to do our conveyancing in Kesgrave. I am not happy. Can you help me find new lawyers?
They would need to be really bad in order to consider changing them. Has your loan offer been sent? If so you need to make them aware of the new contact details and ensure the mortgage documents are re-sent. Your conveyancer should be on the banks panel to avoid escalating fees and complications. That should be your starting point. The find a solicitor tool will assist you in finding a bank approved conveyancer for your home move in Kesgrave
I today plan to offer on a house that appears to meet my requirements, at a great price which is making it all the more appealing. I have just been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Kesgrave. Conveyancing lawyers have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Kesgrave ?
The majority of houses in Kesgrave are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Kesgrave so you should seriously consider looking for a Kesgrave conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the landlord’sconsent to carry out alterations. You may also be required to pay a maintenance charge towards the upkeep of the estate where the property is part of an estate. Your solicitor should advise you fully on all the issues.
Kesgrave Leasehold Conveyancing - Examples of Queries before Purchasing
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What restrictions exist in the Kesgrave Lease? Make sure you investigate if the the lease contains any adverse restrictions in the lease. For instance it is fairly common in Kesgrave leases that pets are not permitted in in a block in Kesgrave. If you love the propertyin Kesgrave yet your dog is not allowed to move with you then you will be faced difficult compromise. How many years are left on the lease?