My wife and I are refinancing our maisonette in Sevenoaks with Virgin Money. We have a son 18 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, waiving any legal rights in the event that the flat is forfeited by the lender. I have two concerns (1) Is this form unique to the Virgin Money conveyancing panel as he never had to sign this form when we bought 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 Virgin Money 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 Virgin Money. This is solely used to protect Virgin Money 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 Virgin Money 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 Sevenoaks last April yet the purchaser is texting me complaining that his conveyancer is waiting to hear from myconveyancer. What should have happened now that I have sold?
Following your house sale your conveyancer should forward the transfer documentation and all of the paperwork to the purchaser's conveyancer. If applicable, your solicitor must also confirm that the legal charge in favour of the lender has been paid off to the buyers lawyers. There is unlikely to be post completion formalities just for conveyancing in Sevenoaks.
About to place an offer on a leasehold apartment in Sevenoaks. The estate agents advise that it is standard for flats in Sevenoaks to have less than 75 years left on the lease. I am getting a loan with Accord Mortgages. Will the property be mortgageable given that the lease has 72 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/6/2025 the requirements read as follows :
Will commercial conveyancing searches reveal planned roadworks that could impact a commercial premises in Sevenoaks?
Many commercial conveyancing solicitors in Sevenoaks will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Sevenoaks. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sevenoaks.
For each commercial conveyancing transaction in Sevenoaks it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Sevenoaks commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Sevenoaks.
Over the last few months I have been searching for a flat up to £305k and found one close by in Sevenoaks I like with a park and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Sevenoaks in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I am a fortnight into a freehold purchase having been directed to solicitors by the estate agent to execute conveyancing in Sevenoaks. I am am starting to be disappointed with the quality of service. Could you help me find new solicitors?
They would have to be really poor in order to consider changing them. Has the mortgage been issued? In the event that it has you need to advise them of the replacement lawyer and ensure the offer are issued to the new lawyers. Your new conveyancer should be on the lenders approved list to avoid supplemental costs and delays. So that should be your starting point. Our search tool can help you find a lender approved conveyancer for your home move in Sevenoaks