Recently contacted my conveyancing lawyer in Sherwood who completed the legal work two years ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of almost identical values with a loan from Halifax. It looks as though am now being quoted twice the amount. Should I hunt for an alternative property lawyer?
The estimate does seem a tad overpriced. If you shop around you may be able to get the conveyancing a bit cheaper by perhaps £125. That being said, if you were content with the service the firm gave you mightlive to rue choosing an a cheaper lawyer. Remember to enquire the solicitor can act for Halifax. You can employ our search tool to find a Sherwood conveyancing firm on the Halifax member panel, which can often include conveyancing solicitors in Sherwood.
My wife and I intend to remortgage our maisonette in Sherwood with RBS. We have a son approaching twenty who lives with us. Our solicitor requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is repossessed. I have a couple of concerns (1) Is this form unique to the RBS conveyancing panel as he never had to sign this form when we remortgaged 4 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 RBS. This is solely used to protect RBS 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 RBS 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.
We are looking to buy a house and need a conveyancing solicitor in Sherwood who is on the Bank of Ireland approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Sherwood.
Should my conveyancer be asking questions concerning flooding as part of the conveyancing in Sherwood.
The risk of flooding is if increasing concern for lawyers dealing with homes in Sherwood. Plenty of people will acquire a property in Sherwood, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, however there are a various checks that can be carried out by the buyer or on a buyer’s behalf which should figure out the risks in Sherwood. The conventional set of information sent to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) includes a standard inquiry of the vendor to find out whether the property has historically flooded. In the event that flooding has previously occurred and is not notified by the vendor, then a purchaser could bring a legal claim for losses as a result of such an misleading response. The purchaser’s conveyancers will also carry out an enviro search. This will disclose whether there is a recorded flood risk. If so, more detailed inquiries will need to be conducted.
I used Wolstenholmes a few years ago for my conveyancing in Sherwood. Now, I need my documents but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sherwood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Sherwood is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sherwood are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sherwood you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sherwood 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 property.