My wife and I intend to remortgage our maisonette in Newbury Park with Santander. We have a son 19 who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form 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 Santander conveyancing panel as he did not need to sign this form when we purchased 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 Santander 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 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 am downsizing from our house in Newbury Park and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers used a national conveyancing firm as opposed to a conveyancing solicitor in Newbury Park. We have lived in Newbury Park for three years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation need.
It would appear that you have a conveyancing firm already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Have completed on a a detached house in Newbury Park , What is the estimated time for the Land Registry to register my ownership? My Newbury Park conveyancing solicitor has been very slow, so I want to be sure that my ownership is recorded.
As far as conveyancing in Newbury Park is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether there are errors and if the Land registry communicate with any interested persons or bodies. At present in the region of three quarters of such applications are fully addressed within 12 days but occasionally there can be longer hold-ups. Historically registration occurs after the purchaser is living at the property so 'speed' is not usually top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for an expedited registration.
Am I right to be wary about 3rd parties that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a local Newbury Park conveyancing company?
As is the case with lots of service providers, often referrals from relatives can be extremely useful or valuable. But there are many parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and lenders may suggest lawyers to retain. Sometimes these lawyers might be known to one of the organisations as being good in their field, but sometimes there exists a commercial relationship behind the endorsement. You have the discretion to select your own conveyancer. You need to be aware that the majority of banks operate an approved list of law firms you have to use for the lender related work in your home move.
I have been sourcing a conveyancing lawyer in Newbury Park for my purchase. Is there any facility to see a firm’s record with the profession’s regulator?
One can search for presented Solicitor Regulator Association (SRA) determinations stemming from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator could monitor telephone calls for training reasons.