My wife and I are refinancing our maisonette in Egham with Santander. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose 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 apartment is repossessed. I have two concerns (1) Is this form unique to the Santander conveyancing panel as he did not need 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?
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.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Egham is where the house is located. Can you shed any light on this issue?
Flying freeholds in Egham 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 Egham you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Egham may determine 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 residence.
My business partner and I are planning to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-move-no fees for non-domestic conveyancing in Egham for below £2000?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Egham, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the charges this will depend on the structure and terms of the proposed transaction. Let us have your details or telephone so as to enable us to supply you with a fixed commercial conveyancing quote.
I own a leasehold house in Egham. Conveyancing and The Mortgage Works mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Egham who previously acted has now retired. Any advice?
The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Egham conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
My wife and I have hit a brick wall in trying to purchase the freehold in Egham. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We can put you in touch with a Egham conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Egham property is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case was in relation to 1 flat. The unexpired term as at the valuation date was 82.93 years.
My fiance and I are searching for an affordable conveyancing lawyer in Egham to assist me in selling my flat. I am aware of the risk of getting ripped off and there's plenty Egham conveyancing organisations to pick from...who do I opt for?
To get quotes for your move via conveyancing firms that undertakes services in Egham please make the most of our quote tool.