My partner and I are refinancing our apartment in Kinmel Bay with UBS. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose any adults 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 flat is repossessed. I have two concerns (1) Is this form unique to the UBS conveyancing panel as he never had to sign this form when we remortgaged 3 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 UBS. This is solely used to protect UBS 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 UBS 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.
We are purchasing a flat and require a conveyancing solicitor in Kinmel Bay who is on the Nationwide approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in Kinmel Bay.
I am planning to acquire a house and need a conveyancing solicitor in Kinmel Bay who is on the TSB conveyancing. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for TSB in certain locations such as Kinmel Bay. We dont recommend any particular firm.
My friend advised me that if I am purchasing in Kinmel Bay I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Kinmel Bay conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Kinmel Bay around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Kinmel Bay Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Kinmel Bay Education with maps and statistics, Local Amenities and other useful information about Kinmel Bay.
I am looking into buying my first house which is in Kinmel Bay and I am already nervous. I couldn't find anything specific about Kinmel Bay. Conveyancing will be needed in due course but do you know about the Kinmel Bay area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Kinmel Bay. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing solicitor for leasehold conveyancing in Kinmel Bay. I have chance upon a site which seems to have the perfect offering If there is a chance to get all this stuff completed via web that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?