My fiance and I intend to remortgage our maisonette in Totland with Skipton. We have a son 19 who lives at home. Our solicitor requested us to identify 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 forfeited by the lender. I have two questions (1) Is this document specific to the Skipton conveyancing panel as he did not need to sign this form when we purchased 5 years ago (2) Does our son by signing this compromise his entitlement 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.
We are buying a property and require a conveyancing solicitor in Totland who is on the Lloyds approved panel. Could you point me in the right direction as regards a 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 Lloyds . We don't recommend any particular firms conducting conveyancing in Totland.
we are a couple who are hoping to buy a 1 bedroom flat in Totland with a mortgage from Barnsley Building Society.We would like to retain our Totland conveyancing solicitor but Barnsley Building Society informed us she’s not listed on their "panel". we are left little option but to use a Barnsley Building Society panel firm or retain our local solicitor and fork out for a Barnsley Building Society panel lawyer to act for them. This seems very unfair; is there anything we can do?
No, not really. The home loan issued to you is subject to its terms and conditions, a common one being that conveyancers will be on the Barnsley Building Society approved list. Until recently, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Barnsley Building Society
The deeds to my home can not be found. The solicitors who conducted the conveyancing in Totland 5 years ago no longer exist. What do I do?
Gone are the days when you need to have the physical official documentation to evidence that you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
I am selling my home. My former conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Totland if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Totland. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
My husband and I are novice buyers - had an offer accepted, but the selling agent informed us that the vendor will only move forward if we instruct the agent's recommended lawyers as they need a ‘quick sale’. We would rather use a high street solicitor with experience of conveyancing in Totland
We suspect that the seller is unaware of this demand. Should the owner require ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)but you will continue to use your preferred Totland conveyancing firm - as opposed tothe ones that will give the estate agent a referral fee or achieve conveyancing targets demanded by HQ.