My partner and I are refinancing our apartment in Hythe with Kent Reliance. 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. 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 two questions (1) Is this document specific to the Kent Reliance conveyancing panel as he never had to sign this form when we bought 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 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.
Completed the sale of my flat in Hythe last April yet the purchaser is telephoning me to moan that his solicitor needs to hear from mine. What are the post completion sale legalities following completion?
Post completion of your disposal your conveyancer should forward the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer should also send confirmation that the home loan has been redeemed to the purchasers solicitors. There is unlikely to be post completion requirements just for conveyancing in Hythe.
I'm converting the mortgage on my existing property to a BTL loan with Yorkshire Building Society and I will use the rest of the raised equity towards further property. The neighborhood we are looking at is Hythe. Will your solicitors be able to act for both sets of mortgage companies and link together the two deals?
Make use of our comparison tool on this page to ensure that the solicitors are approved by both lenders. Having checked that they are the conveyancer should be able to tie up the two conveyancing matters but you should have a chat with you lawyer and specify your expectations and needs.
My cousin has suggested that I use his lawyers for conveyancing in Hythe. Should I use them?
Much as we are happy to recommend a Hythe conveyancing lawyer the best way to find a conveyancing lawyer is to get feedback from friends or family who have actually used the solicitor that you are are thinking of instructing.
I have just appointed agents to market my ground floor flat in Hythe.Conveyancing has not commenced however I have just had a half-yearly service charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as you normally would because all ground rent and maintenance invoices will be apportionedas part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process