My fiance and I are refinancing our apartment in Spennymoor with Aldermore. We have a son 18 who lives with us. Our solicitor has asked us to disclose 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 property is repossessed. I have two questions (1) Is this form unique to the Aldermore 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 Aldermore 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 Aldermore. This is solely used to protect Aldermore 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 Aldermore 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.

Me and my brother have a 4 bedroom Georgian property in Spennymoor. Conveyancing solicitor represented me and Birmingham Midshires. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??

You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Spennymoor and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing solicitor who conducted the purchase.

What does commercial conveyancing in Spennymoor cover?

Spennymoor conveyancing for business premises covers a wide array of advice, offered by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

My husband and I are 18 days into a residential purchase having been recommend to a firm by the high street agent to carry out the conveyancing in Spennymoor. We are not happy. Could you help me find new solicitors?

A lawyer would need to be really bad in order to consider diss instructing them. Has the mortgage offer been sent? If so you must advise them of the replacement conveyancer and get the offer are re-issued. Your new conveyancer should be on the lenders approved list to avoid supplemental expenses and delays. That should be your first question of the new solicitors. Our find a solicitor tool should assist you in finding a bank approved lawyer for your home move in Spennymoor

I've found a house that appears to be perfect, at a great price which is making it more attractive. I have since found out that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns buying a leasehold house in Spennymoor. Conveyancing solicitors have are soon to be appointed. Will they explain the issues?

Most houses in Spennymoor are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are buying in Spennymoor in which case you should be shopping around for a Spennymoor conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the estate where the property is part of an estate. Your lawyer will report to you on the legal implications.

Leasehold Conveyancing in Spennymoor - Sample of Questions you should ask before Purchasing

Make sure you find out if there are any onerous prohibitions in the lease. By way of example plenty of leases prohibit pets being permitted in certain buildings in Spennymoor. If you like the propertyin Spennymoor but your dog is not allowed to move with you then you will be presented with a hard compromise. On the whole the cost for major works are not included within maintenance charges, although there some managing agents in Spennymoor require leaseholders to contribute towards a sinking fund and this is used to offset against larger works.