My fiance and I are refinancing our flat in Addiscombe with Kent Reliance. We have a son 19 who lives at home. Our solicitor requested us to identify 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, waiving any legal rights in the event that the apartment is forfeited by the lender. I have two concerns (1) Is this document specific to the Kent Reliance conveyancing panel as he did not need to sign this form when we purchased 5 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Kent Reliance 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 Kent Reliance. This is solely used to protect Kent Reliance 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 Kent Reliance 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.
My husband and I are hoping to buy a purpose built apartment in Addiscombe with a homeloan from Alliance & Leicester .We like our Addiscombe conveyancing lawyer but Alliance & Leicester informed us his firm is not on their approved list of firms. we are left little option but to use a Alliance & Leicester panel solicitor or retain our high street solicitor and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Alliance & Leicester use our lawyer?
Unfortunately,no. The loan offered to you is subject to its terms and conditions, a common one being that lawyers needs to be on the Alliance & Leicester approved list. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Alliance & Leicester
Do commercial conveyancing searches reveal impending roadworks that could impact a commercial property in Addiscombe?
Its becoming the norm that commercial conveyancing solicitors in Addiscombe will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Addiscombe. The report sets out 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 Addiscombe.
For every commercial conveyancing transaction in Addiscombe it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Addiscombe commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Addiscombe.
How do I locate a Addiscombe law firm on the Halifax conveyancing panel? I have wheels and am willing to travel upto 25kilometers to meet the solicitor.
Feel free to make use of the search on this website. Please choose the lender and your location and you will see a number of Addiscombe conveyancing lawyers based on proximity. We have listed some Addiscombe conveyancing firms at the bottom of this page and you can ring them to check whether they are on the Halifax member panel
Expecting to complete next month on a garden flat in Addiscombe. Conveyancing lawyers have said that they are sending me a report next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Addiscombe should include some of the following:
Repair and maintenance of the flat Information as to the provision as set out in the lease to to contribute towards maintenance costs - in respect of the block, and the more general rights a lessee has The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Where does the liability rest to repair and maintain the block. It is important for you to know who is duty bound to repair and maintenance of every part of the building Are you allowed to have a pet in the flat?
My wife and I have hit a brick wall in trying to purchase the freehold in Addiscombe. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to assess the amount due.
An example of a Freehold Enfranchisement case for a Addiscombe residence is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The number of years remaining on the existing lease(s) was 98 years.
The property lawyers conducting our conveyancing in Addiscombe has forwarded papers to review that indicate that the land is unregistered with epitome documents. Why is the property not currently recorded at HM Land Regsitry?
Although most properties in Addiscombe are now registered with HM Land Registry there are still a few that remain unregistered. Any property in Addiscombe that has been remortgaged since the late 1980’s will have been registered at the Land Registry under the compulsory ‘first registration’ scheme. However, if a Addiscombe property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Addiscombe conveyancing lawyers will be capable of dealing with this type of conveyancing but where uncertainty exists the conventional advice nowadays seems to be for the current owners to register the title first and subsequently deal with the sale conveyance - this will predictably result in a protracted conveyancing.