My husband and I are refinancing our flat in Lytchett Matravers with Skipton. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose any adults 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 repossessed. I have two concerns (1) Is this form unique to the Skipton conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Skipton 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 Skipton. This is solely used to protect Skipton 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 Skipton 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 have been referred to a conveyancing solicitor in Lytchett Matravers. I need to find out whether they are accepted on the Nottingham Building Society conveyancing panel. Can you assist?
You should call your lawyer and ask them whether they can act for the bank. Alternatively you should get in touch with Nottingham Building Society who may be able to help.
My wife and I are intent on selling our property in Lytchett Matravers and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Lytchett Matravers. We have lived in Lytchett Matravers for 4 years we know that this is a non issue. Do we contact our local Authority to obtain confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
My wife and I own a renovated Georgian property in Lytchett Matravers. Conveyancing lawyer represented me and Birmingham Midshires. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lytchett Matravers and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who carried out the work.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, chain free conveyancing. Lytchett Matravers is where the house is located. Can you offer any guidance?
Flying freeholds in Lytchett Matravers are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lytchett Matravers you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lytchett Matravers 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 premises.
How do I search for a Lytchett Matravers solicitor on the Nottingham Building Society conveyancing panel? I have wheels and am happy to travel upto 25miles to meet the solicitor.
You can use the search on this page. Please select a mortgage company and your location and you will see a number of Lytchett Matravers conveyancing lawyers located nearest you. We have detailed some Lytchett Matravers conveyancing firms towards the end of this page and you can call them to see if they are on the Nottingham Building Society panel