My husband and I are refinancing our penthouse in Beddington with TSB. We have a son 18 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 repossessed. I have two concerns (1) Is this document specific to the TSB conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this compromise his rights 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 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.
Completed the sale of my flat in Beddington last December but the buyer keeps telephoning every few hours complaining that his solicitor is waiting to hear from myconveyancer. What should my lawyer have done following completion?
Following your house sale your lawyer should deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor must also send confirmation that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion tasks just for conveyancing in Beddington.
The deeds to my home can not be found. The lawyers who conducted the conveyancing in Beddington 4 years ago are no longer around. What are my next steps?
As long as the title is registered the details of your ownership will be held by the Land Registry with a Title Number. It is possible to carry out a search at the Land Registry, locate your property and order current copies of the property title for less than a fiver. Where the property is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
I am looking into buying my first house which is in Beddington and I am already nervous. I couldn't find anything specific about Beddington. Conveyancing will be needed in due course but do you know about the Beddington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Beddington. In the meantime here are some basic statistics that we found
I need to appoint a conveyancing solicitor for my conveyancing in Beddington. I happened to chance upon a site which seems to have the ideal answer If there is a chance to get all this stuff completed via phone that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have noted on numerous consumer advice websites that before choosing a conveyancing lawyer they need approved by your bank. This is my first house move but I have an offer in principle from Santander and I already have a family conveyancing solicitor in Beddington at the ready. Will HSBC require an approved solicitor to be selected? Does a directory of panel firms even exist for my conveyancing in Beddington?
You need to choose a solicitor that is on the HSBC panel. The first thing to do is telephone your chosen Beddington conveyancing solicitor to check if they are on the HSBC panel. If they are not approved you have a number of options open to you here:
- Complete the deal with your preferred Beddington property lawyer but HSBC will no doubt retain a property lawyer from their approved list. This will result in additional cost together with potential frustration.
- Choose a new property lawyer to conduct the conveyancing, ensuring that they are on the HSBC conveyancing panel.
- Convince your conveyancing practitioner to apply to join the lender panel.