My partner and I intend to remortgage our flat in Longfield with Lloyds. 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 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 apartment is forfeited by the lender. I have two concerns (1) Is this form unique to the Lloyds conveyancing panel as he never had to sign this form when we bought 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 Lloyds. This is solely used to protect Lloyds 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 Lloyds 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 Longfield last January but our buyer keeps calling me to moan that their solicitor needs to hear from mine. What are the post completion sale formalities now that I have sold?
Following your house sale your lawyer is obliged to deliver the transfer documentation and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor should also send confirmation that the legal charge in favour of the lender has been redeemed to the purchasers solicitors. There are no post completion formalities just for conveyancing in Longfield.
I understand that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when acquiring a residence in Longfield? or Apparently there is an ancient law that means some owners of property residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this applicable for conveyancing in Longfield?
Unless a prior purchase of the house took place after 12 October 2013 you could expect lawyers carrying out conveyancing in Longfield to remain recommending a chancel search and or chancel repair liability insurance.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Longfield is the location of the property. Can you offer any advice?
Flying freeholds in Longfield are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Longfield you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Longfield may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What does commercial conveyancing in Longfield cover?
Non domestic conveyancing in Longfield covers a broad range of advice, provided by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
It has taken forever and a day but a loan offer from a mortgage company for the refinancing of my 2 bedroom garden flat is due within the next few days. Can you suggest a cheap remortgage conveyancing practitioner in Longfield ?
This site is not designed to help in pursuit of the cheapest conveyancing solicitors in Longfield. Our goal is to offer cost effective conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers offering £99 conveyancing in Longfield.At best, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for additional fee and still not receive the service you were hoping for.