My partner and I are refinancing our apartment in Tedburn St Mary with Aldermore. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is forfeited by the lender. I have two questions (1) Is this form unique to the Aldermore conveyancing panel as he did not need 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?

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.

What is your number one tip for finding a conveyancing solicitor in Tedburn St Mary

It would be unwise to be tempted by the cheapest Tedburn St Mary conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.

Is it correct that all Tedburn St Mary CQS (Conveyancing Quality Scheme) solicitors are on the Nationwide conveyancing panel?

Some major lenders now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.

Our sealed bid on a property in Tedburn St Mary has been accepted, but there is a chain. The vendors have put an offer on a property, but it’s not yet tied up, and have viewings of other apartments booked. I have chosen a high street conveyancing solicitor in Tedburn St Mary. What do I do now? When do I get the mortgage application with TSB going?

It is usual to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then survey, Tedburn St Mary conveyancing search fees, etc). The first thing to do is ensure that your conveyancer is on the TSB conveyancing panel. Regarding the next phase this very much dictated by the specifics of your case, motivation for the property and on the state of the market. In a rising market some buyers would apply for the mortgage with TSB and pay for the valuation and only if it comes back ok would they pay their conveyancing practitioner to press on with the conveyancing in Tedburn St Mary.

I have recentlybecome aware that Stirling Law have been shut down. They carried out my conveyancing in Tedburn St Mary for a purchase of a freehold house 9 months ago. How can I establish that my home is registered correctly in the name of the previous owner?

The easiest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tedburn St Mary conveyancing specialists.

I'm converting the mortgage on my primary home to a buy to let loan with Skipton Building Society and I will use the rest of the raised equity as a down payment on further house. The location we are interested in is Tedburn St Mary. Will your lawyers be able to act for both sets of banks and tie in the conveyances?

Do use our search tool on this page to be sure that the conveyancers are on the relevant lender panels. On the basis that they are the lawyer should be able to connect the two deals but you should have a chat with you solicitor and communicate your expectations and requirements.

I am due to consider estimates for conveyancing in Tedburn St Mary from three conveyancer and choose one. Do I ask them to sit tight until I a suitable apartment to buy.

We suggest that you only request your solicitor to open a file and order searches once the sales memo has been sent by the estate agent especially as Tedburn St Mary conveyancing searches are costly.