My partner and I changing mortgage lender for our apartment in Buxton with Santander. We have a son approaching twenty who lives at home. Our solicitor requested us to identify 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 apartment is repossessed. I have a couple of concerns (1) Is this form unique to the Santander conveyancing panel as he did not need 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 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.
We see that you have a post code search directory identifying solicitors on the Aldermore conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Buxton?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Buxton.
Our mortgage company has recommended a law firm on their panel based in Buxton but I would rather use a conveyancing lawyer in Buxton or nearer to where I live. Can you assist?
Not all Buxton conveyancing practitioners are on all banks conveyancing panel. Do make use of our search tool to find a Buxton conveyancing conveyancer on the on the mortgage company panel.
I require expedited conveyancing in Buxton as I am faced with pressure to complete in less than one month. Thankfully I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you are at free not to do searches although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Buxton the following are instances of issues that can appear and therefore impact the marketability of the property: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...
Me and my husband have just had an offer accepted on our first house in Buxton, and need to get solicitors lined up. I have made use of the different rating based websites and the results are from all across the country. Is it critical to have a Buxton conveyancing practitioner local to your potential house? We are fine to do all the communicating over the web, but I guess at some stage we may be required to visit the conveyancing practitioner's office to sign contracts?
The conveyancer does not need to be in Buxton, but opting for local means that you have the option to attend their offices if needed, by way of example, if a signature is needed urgently. In addition, a Buxton solicitor is likely to be familiar with local agents and (if the vendor has instructed a local property lawyer) with them, which should help smooth the process.