My husband and I intend to remortgage our flat in Whyteleafe with Kent Reliance. We have a son approaching twenty who lives with us. 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, waiving any legal rights in the event that the property is forfeited by the lender. I have a couple of questions (1) Is this form unique to the Kent Reliance conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Kent Reliance 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 Kent Reliance. This is solely used to protect Kent Reliance 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 Kent Reliance 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 planning to acquire a house and require a conveyancing solicitor in Whyteleafe who is on the Coventry BS conveyancing panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Whyteleafe.
My bid for a property was accepted at auction in Whyteleafe. Conveyancing is needed. What is next?
Having for in every practical sense signed on the dotted line you must find a conveyancing lawyer quickly as you are facing a tight a drop dead date to complete the purchase. An auction property will have an associated legal set of papers. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the legal papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that you have funds organised to complete the transaction on the set completion date.
I happen to be the only beneficiary of my late grandmother’s estate and I have everything in my name now, including the house in Whyteleafe. The Whyteleafe property was put into my name in April. I now wish to sell up. I do know about the CML six month 'rule', which means that my proprietorship may be treated the same way as though I had purchased the house in April. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. many banks would take a pragmatic view as this provision is primarily there to capture subsales or the flipping of property.
Can I be sure that the Whyteleafe conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Whyteleafe seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your conveyancing.
The deeds to our property can not be found. The lawyers who dealt with the conveyancing in Whyteleafe 10 years ago no longer exist. What are my next steps?
You no longer need to hold title original deeds to evidence that you own the land or property, given that the Land Registry have everything they need in a digital format.
I am buying a new build flat in Whyteleafe. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Whyteleafe
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants.
I am purchasing a flat and cash is in place. My conveyancer has been supplied with with two distinct proof of photographic identification, bank statement, numerous utility bills. Now he needs a copy from a probate lawyer stating that the money is legitimate and that it has come from inheritance and not via illegitimate means.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Whyteleafe conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.