My fiance and I are refinancing our maisonette in Stapleford with TSB. We have a son 18 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, giving up any rights in the event that the flat is repossessed. I have two questions (1) Is this document specific to the TSB conveyancing panel as he never had to sign this form when we remortgaged 4 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
First, rest assured that your TSB 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 TSB. This is solely used to protect TSB 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 TSB 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.
We are buying a house and need a conveyancing solicitor in Stapleford who is on the Skipton solicitor panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Stapleford.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The lawyers who dealt with the conveyancing in Stapleford 10 years ago are no longer around. Will I be able to sell the house?
As long as the title is registered the details of your proprietorship will be evidenced by HMLR with a Title Number. It is easy to conduct a search at the Land Registry, find your house and obtain current copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will in most cases retain a certified duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
I opted to have a survey completed on a house in Stapleford prior to instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies tend not issue a loan on such a premises.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stapleford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stapleford to see if the conveyancing will be more expensive.
Should I appoint a Stapleford conveyancing solicitor who is local to the property I am purchasing? An old friend can conduct the conveyancing but her office is over three hundred miles away.
The primary upside of using a high street Stapleford conveyancing firm is that you can pop in to sign documents, deliver your ID and apply pressure on them if necessary. They will also have local knowledge which is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were content that should surpass using an unfamiliar Stapleford conveyancing solicitor solely due to them being round the corner.