My wife and I are refinancing our maisonette in Kineton with Coventry BS. We have a son 18 who lives with us. 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 flat is forfeited by the lender. I have two questions (1) Is this document specific to the Coventry BS conveyancing panel as he did not need to sign this form when we purchased 3 years ago (2) Does our son by signing this giving up his rights 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.
My wife and I are purchasing a apartment in Kineton. I might seem paranoid but how we can trust a conveyancer? On completion day we will need to deposit money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my sister sell her flat in Kineton. Will the solicitor arrange an energy assessment or do I organise this?
After the abolition of Home Information Packs, energy assessments was maintained a required part of moving property. An EPC should be to hand in advance of the property being advertised. It is not something that solicitors ordinarily arrange. If you are using a Kineton conveyancing lawyer they may be able to arrange energy assessments given their relationships with long established local providers
I recently had an offer accepted on a house in Kineton. My mortgage broker pressured me to appoint their conveyancer. I paid an on account payment of £175. Not long after, the conveyancer called me to say that they were not on the HSBC 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 HSBC 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.
Just had an offer accepted on a new build apartment in Kineton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Kineton
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am looking into buying my first house which is in Kineton and I am already nervous. I couldn't find anything specific about Kineton. Conveyancing will be needed in due course but do you know about the Kineton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Kineton. In the meantime here are some basic statistics that we found
My husband and I are new on the property ladder - had an offer accepted, but the estate agent told us that the owners will only proceed if we appoint the agent's recommended solicitors as they are insisting on a ‘quick sale’. We would rather use a local solicitor with experience of conveyancing in Kineton
We suspect that the seller is unaware of this ultimatum. If they want ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Speak to the vendors direct and explain that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you are going to appoint your preferred Kineton conveyancing solicitors - rather thanthe ones that will earn the estate agent a introducer fee or meet his conveyancing targets pre-set by senior management.
I am buying a house and need a conveyancing solicitor in Kineton who is on the lender conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who carry out conveyancing in Kineton. We dont recommend any particular firm.