My wife and I intend to remortgage our flat in Leigh On Sea with Leeds Building Society. We have a son approaching twenty who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is repossessed. I have a couple of concerns (1) Is this document specific to the Leeds Building Society 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 Leeds Building Society. This is solely used to protect Leeds Building Society 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 Leeds Building Society 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.
Having sold my house in Leigh On Sea last November but our buyer keeps telephoning every few hours complaining that their lawyer needs to hear from mine. What should have happened now that I have sold?
After completion of your house sale your lawyer is committed to forward the transfer deeds and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also confirm that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There are no post completion steps just for conveyancing in Leigh On Sea.
What can a local search inform me about the house my wife and I buying in Leigh On Sea?
Leigh On Sea conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company such as Onsearch The local search is essential in every Leigh On Sea conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your new home. The search will supply data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I am buying a new build apartment in Leigh On Sea. Conveyancing is necessary evil 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 selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Leigh On Sea
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. 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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Is it possible to swap conveyancer as I need to choose a firm on the The Mortgage Works conveyancing list. I had appointed a high street conveyancing solicitor in Leigh On Sea round the corner but the firm is not approved by The Mortgage Works
We will our best to assist in finding you a conveyancing solicitor in Leigh On Sea on the The Mortgage Works panel. Please note that the law firms that we on the directory do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Leigh On Sea. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Leigh On Sea.
My wife and I expecting to complete on the purchase a property in Leigh On Sea but as a result of wreckage from the recent storms I have agreed compensation from the vendor of four thousand pounds by way of a reduction in the price. This was going to be addressed as part of the conveyancing process yet my mortgage company will not permit this. Should they have been involved?
Any property lawyer that is on a lender conveyancing panel is duty bound to disclose to the bank of any changes to the purchase amount. If you were to refuse your lawyer to notify the price change to your mortgage company then they would have to refrain from representing you and the mortgage company.