My fiance and I intend to remortgage our maisonette in Tilbury with Santander. We have a son 19 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 repossessed. I have two concerns (1) Is this document specific to the Santander conveyancing panel as he did not need to sign this form when we purchased 3 years ago (2) Does our son by signing this compromise his rights 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 Santander. This is solely used to protect Santander 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 Santander 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.
Forgive me if this question is silly but I am new to the home buying as a first time purchaser of a ground floor flat in Tilbury. Do I receive the keys to the house on completion from my solicitor? If this is the case, I will appoint a High Street conveyancing solicitor in Tilbury?
On the day of completion you will not be required to attend the conveyancers office in Tilbury. Your solicitors will transfer the completion advance to the vendor’s lawyers, and once they have received this, you will be invited to pick up the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
Can you point me to a directory of HSBC panel solicitors in Tilbury on the Building Society Association’s Website?
No. There is no such directory service on the CML or Building Society Association sites. A small selection of lending institutions make their panel listings viewable on the web. If you are looking for a Tilbury solicitor on the HSBC please use our facility.
We previously appointed conveyancing lawyers with offices in Tilbury on the Santander solicitor panel. They are now charging me a further charge for handling the Santander mortgage. Is this an additional conveyancing fee set by Santander?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer may levy a fee for this. This charge is not set by Santander but by your Tilbury conveyancer. Numerous firms on the Santander panel will charge an ‘acting for lender’ fee and others do not.
My wife and I purchased a 4 bedroom Georgian property in Tilbury. Conveyancing practitioner represented me and Barclays Direct. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You need to read 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 Tilbury and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing solicitor who conducted the work.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Tilbury is the location of the property. Is there any guidance you can impart?
Flying freeholds in Tilbury are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Tilbury you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tilbury 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.
What tools are available to locate a Tilbury law firm on the Lloyds TSB Bank conveyancing panel? I am a keen cyclist and am happy to travel upto 20miles to meet the lawyer.
Feel free to make use of the search on this page. Please choose the bank and your location and you will see a number of Tilbury conveyancing lawyers locally. We have listed some Tilbury conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Lloyds TSB Bank approved list
In sourcing the world wide web for the phrase conveyancing in Tilbury it shows results of many conveyancersin the area. With so much choice what is the best way to find the suitable conveyancer for my move?
The preferential method of seeking the right conveyancer is through a trusted recommendation, so seek the opinion of colleagues and relatives who have purchased a property in Tilbury or a local estate agent or mortgage broker. Charges for conveyancing in Tilbury vary, so it's advisable to request at least three estimates from varying types of companies. Make sure that you know that the fees are fixed.