My partner and I are refinancing our maisonette in Market Harborough with Principality. We have a son approaching twenty who lives at home. 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 flat is repossessed. I have two questions (1) Is this document specific to the Principality conveyancing panel as he did not need to sign this form when we purchased 5 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 Principality. This is solely used to protect Principality 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 Principality 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.
Completed the sale of my flat in Market Harborough last April but our buyer keeps Skype messaging every few hours complaining that her conveyancer is waiting to hear from mysolicitor. What are the post completion sale formalities now that I have sold?
Following your sale your solicitor should deliver the transfer deeds and all supplemental paperwork to the buyer’s lawyers. If applicable, your conveyancer must also confirm that the home loan has been paid off to the purchasers conveyancers. There is unlikely to be post completion procedures unique to conveyancing in Market Harborough.
I am assisting my niece sell her property in Market Harborough. Does the conveyancer order an energy performance certificate or should I organise this?
Following the abolition of Home Packs, EPC’s was left as a compulsory part of selling a house. An EPC should be commissioned prior to the property being marketed. This is not a task that solicitors normally organise. Where you are using a Market Harborough conveyancing practitioner they may be willing to arrange EPC’s given their relationships with reputable local energy assessors
A relative informed me that in purchasing a property in Market Harborough there may be various restrictions preventing external changes to the property. Is this right?
There are a number of properties in Market Harborough which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Market Harborough should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have paid off my mortgage with Kent Reliance. I assume I don't need a Market Harborough conveyancing practitioner on the Kent Reliance panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
I have todayfound out that Wolstenholmes have closed. They conducted my conveyancing in Market Harborough for a purchase of a freehold house 18 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Market Harborough conveyancing specialists.
How does conveyancing in Market Harborough differ for new build properties?
Most buyers of new build residence in Market Harborough come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Market Harborough tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Market Harborough or who has acted in the same development.
I need to instruct a conveyancing practitioner in Market Harborough for my sale. Can I see a firm’s record with the legal regulator?
Anyone can search for documented Solicitor Regulator Association (SRA) decisions stemming from investigations started on or after 1 January 2008. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator could monitor call for training purposes.