A loan agreement from Santander for the remortgage of my 4 bedroom flat is expected imminently. Can you suggest a low cost conveyancing solicitor in Cottenham Park?
This site is not designed to aid those in pursuit of cut-price fees for conveyancing solicitors in Cottenham Park. Our intention is to offer affordable conveyancing but our intention is not to work with the cheapest lawyers. Do not be fooled by brokers teasing you with low cost conveyancing in Cottenham Park. At best, in deciding on low cost conveyancing, you will receive what you pay for and at worst you will end up being stung for additional fees and still not get the service expected.
My fiance and I intend to remortgage our apartment in Cottenham Park with Coventry BS. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is repossessed. I have two questions (1) Is this form unique to the Coventry BS conveyancing panel as he never had to sign this form when we remortgaged 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Coventry BS 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 Coventry BS. This is solely used to protect Coventry BS 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 Coventry BS 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.
It is a dozen years since I acquired my property in Cottenham Park. Conveyancing lawyers have now been appointed on the sale but I am unable to locate my title documents. Is this a major issue?
You need not be too concerned. First the deeds may be retained by your lender or they could still be with the solicitor who acted in your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Cottenham Park involves registered property but in the rare situation where your home is not registered it is more problematic but is not insurmountable.
I am considering applying for a Virgin Money mortgage for purchase of a newly converted (under development) in Cottenham Park with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Virgin Money ?
There is nothing to stop you using your solicitor, but Virgin Money will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I used Stirling Law a few years ago for my conveyancing in Cottenham Park. I now require my file however cannot find the solicitor. What do I do?
You should call 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 Cottenham Park 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.