I was notified yesterday by my mortgage adviser that my Thurston property lawyer is not on the mortgage company Solicitor panel. How can I be certain whether this is indeed the case?
The best course of action for you to take is to contact your Thurston lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they may be able to suggest a Thurston conveyancing practice that is on the approved list of lawyers for your bank.
My husband and I are refinancing our apartment in Thurston with Virgin Money. We have a son 18 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. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is repossessed. I have two questions (1) Is this form unique to the Virgin Money conveyancing panel as he never had to sign this form when we bought 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 Virgin Money. This is solely used to protect Virgin Money 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 Virgin Money 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.
Will commercial conveyancing searches reveal impending roadworks that may affect a commercial property in Thurston?
Its becoming the norm that commercial conveyancing solicitors in Thurston will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Thurston. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Thurston.
For every commercial conveyancing transaction in Thurston it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Thurston commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Thurston.
I moved into my home on 5 September and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Thurston advises it will be recorded in a couple of weeks. Are transfers in Thurston particularly slow to register?
As far as conveyancing in Thurston registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether there are errors and if the Land registry communicate with any third parties. As of today approximately 80% of such applications are fully addressed within two weeks but occasionally there can be longer hold-ups. Historically registration takes place after the buyer has moved in to the premises so 'speed' is not usually top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
As co-executor for the estate of my grandfather I am disposing of a residence in Neath but live in Thurston. My lawyer (approximately 200 miles awayneeds me to execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Thurston who can witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are based in Thurston