My partner and I intend to remortgage our maisonette in West Bridgford with UBS. We have a son 19 who lives at home. 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 property is repossessed. I have two questions (1) Is this form unique to the UBS conveyancing panel as he did not need to sign this form when we remortgaged 4 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your UBS 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 UBS. This is solely used to protect UBS 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 UBS 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.
I am buying a new build flat in West Bridgford. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in West Bridgford you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in West Bridgford.
How easy is it to swap firm as I have to choose one who is on the Godiva Mortgages Ltd conveyancing list. I instructed a local conveyancing solicitor in West Bridgford five minutes from me but she is not accepted by Godiva Mortgages Ltd
It would be our pleasure to assist you select a conveyancing solicitor in West Bridgford on the Godiva Mortgages Ltd panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in West Bridgford. Using the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in West Bridgford.
I am one month into a freehold purchase having been referred to conveyancers by the estate agent to carry out the conveyancing in West Bridgford. I am am very disappointed with the level of service. Can you you assist me in finding new solicitors?
A lawyer would need to be very poor in order to consider replacing them. Has your mortgage offer been sent? In the event that it has you will need to inform them of the new contact details and have the loan are issued to the new lawyers. Your new conveyancer needs to be on the banks approved list to avoid supplemental charges and complications. That should be your first question of the new lawyers. Our search tool will assist you in finding a lender approved conveyancer for your conveyancing in West Bridgford
Some weeks ago I was informed by my bank that their panel solicitors operate no completion no charge basis for conveyancing in West Bridgford. Our purchase did not proceed yet the solicitors have invoiced for search fees! They are stating that the fees are independent!
in promising "no move no fee" West Bridgford conveyancing firms are foregoing their charges for any work conducted. We should make it clear that this is NOT an insurance scheme. Disbursements aren’t covered – where the lawyer have to pay money out to other people, for instance West Bridgford local search fees