My husband and I are refinancing our apartment in Northamptonshire with Nottingham. We have a son 18 who lives with us. Our solicitor has asked us to disclose any adults 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 apartment is forfeited by the lender. I have a couple of concerns (1) Is this form unique to the Nottingham conveyancing panel as he never had to sign this form when we purchased 5 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 Nottingham. This is solely used to protect Nottingham 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 Nottingham 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.
As someone with no idea as to the Northamptonshire conveyancing process what’s the number one tip you can impart for the legal transfer of property in Northamptonshire
You may not hear this from too many lawyers but conveyancing in Northamptonshire and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there is an abundance of room for conflict between you and other parties involved in the house moving process. For example, the seller, selling agent and sometimes a mortgage company. Selecting a lawyer for your conveyancing in Northamptonshire should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to act in your best interests and to keep you safe.
We are witnessing a distinct increase of a "blame" culture- someone must be at fault for the process taking so long. You must always trust your conveyancer above all other parties in the conveyancing process.
My bank has suggested a law firm on their panel based in Northamptonshire but I would rather instruct a conveyancing lawyer in Northamptonshire or nearer to where I live. Are you able to help?
The minority of Northamptonshire conveyancing firms are on all lender’s conveyancing panel. Do make the most of our find an approved solicitor tool to find a Northamptonshire conveyancing conveyancer on the on the mortgage company panel.
Hoping to buy a property located in Northamptonshire and I am already nervous. I couldn't find anything specific about Northamptonshire. Conveyancing will be needed in due course but do you know about the Northamptonshire area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Northamptonshire. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing lawyer in Northamptonshire for my house move. Is it possible to review a firm’s record with the profession’s regulator?
Members of the public can read documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.