My wife and I changing mortgage lender for our penthouse in Biggleswade with UBS. We have a son 19 who lives with us. Our solicitor has asked us to disclose any adults 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 apartment is forfeited by the lender. I have a couple of questions (1) Is this form unique to the UBS conveyancing panel as he never had to sign this form when we bought 4 years ago (2) Does our son by signing this extinguish his rights 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.
We are buying a flat in Biggleswade. It might be a silly question but how we can trust a lawyer? At some point we have to deposit our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are due to move house in November. Does my conveyancing solicitor call the removal company on the completion day. Incidentally, can you recommend a removal company in Biggleswade. Conveyancing solicitor was chosen before I stumbled across this site.
On the day of completion you can collect the keys from your selling agent however this should only take place once the sellers solicitors confirm to the agent that they have the completion monies and the keys can be given over. After that you should advise the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can help you choose a conveyancing in Biggleswade or a firm with expertise in conveyancing in Biggleswade.
is it true that all Biggleswade solicitors on the Lloyds conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Lloyds conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
How does conveyancing in Biggleswade differ for new build properties?
Most buyers of new build or newly converted property in Biggleswade come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is completed. This is because developers in Biggleswade typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Biggleswade or who has acted in the same development.
Given that I will soon part with hundreds of thousands of pounds on a house in Biggleswade I would like to talk to a solicitor about mytransaction before appointing the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor due to be doing your conveyancing in Biggleswade.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Biggleswade should be the amount on the final invoice that you are charged.
I need to retain a conveyancing solicitor for my conveyancing in Biggleswade. I have stumble upon a web site which appears to be the perfect answer If there is a chance to get all this stuff completed via email that would be ideal. Should I be concerned? 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'm remortgaging a bungalow in Biggleswade. I can find my conveyancer's company on the Law Society's list, but I can't see my lawyer's name as listed on the regulator's website. Is this a big problem?
Not every individual in the practice must be listed by the regulator. Provided there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unlicensed staff.