My fiance and I intend to remortgage our maisonette in Bracknell with Clydesdale. 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, waiving any legal rights in the event that the property is repossessed. I have two questions (1) Is this document specific to the Clydesdale conveyancing panel as he did not need to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Clydesdale 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 Clydesdale. This is solely used to protect Clydesdale 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 Clydesdale 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 note that you have a search directory identifying solicitors on the Santander conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Bracknell?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bracknell.
In reviewing online forums for a recommended lawyer in Bracknell, many advise that I should use a CQS assured lawyer. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with best practice conveyancing procedures via the scheme protocol It covers many firms who carry out conveyancing in Bracknell.
About to purchase a new build flat in Bracknell. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Bracknell
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are surveyor prepared. There must be mutual enforceability of lessee’s covenants.
We are a couple of weeks into a freehold purchase having been recommend to solicitors by the high street agent to carry out the conveyancing in Bracknell. We are not happy. Can you you assist me in finding new lawyers?
They would have to be really poor to suggest diss instructing them. Has your mortgage offer been generated? In the event that it has you must make them aware of the new contact details and ensure the loan are re-sent. Your conveyancer needs to be on the banks panel to avoid added costs and delays. So that should be your starting point. Our search tool will assist you in finding a lender approved lawyer for your home move in Bracknell
My lender have just issued us with a mortgage offer. We appointed a long established conveyancer in Bracknell two days ago. A couple of hours ago, our broker contacted us saying that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the mortgage company had some control over our choice Is this allowed?
You are at liberty to choose any conveyancing solicitor you wish to appoint for your conveyancing in Bracknell nevertheless if your mortgage company aren't happy with them you will have to incur an extra fee so the bank can retain their own solicitors as well to protect their interest. It may be conceivable that your preferred conveyancing firm to get included on to the mortgage company panel. You can use online search facilities such as lenderpanel.com to find a conveyancing solcitor in Bracknell on the lender panel. You can go into your local mortgage company branch in Bracknell. They will know some good conveyancing solicitors in Bracknell on the approved list.