My fiance and I intend to remortgage our apartment in Bridport with Aldermore. We have a son 18 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is repossessed. I have a couple of concerns (1) Is this form unique to the Aldermore conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
First, rest assured that your Aldermore 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 Aldermore. This is solely used to protect Aldermore 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 Aldermore 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 Bridport last September but our buyer keeps Skype messaging every few hours complaining that their solicitor needs to hear from mine. What should have happened following completion?
Following your disposal your solicitor should deliver the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer must also confirm that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion tasks peculiar conveyancing in Bridport.
What is your number one tip for finding a conveyancing solicitor in Bridport
It would be unwise to be seduced by the lowest Bridport conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am planning to move property in February. Does my conveyancing solicitor call the removal company on the day of completion. As an aside, can you recommend a removal company in Bridport. Conveyancing lawyer was organised prior to coming across your page.
On the afternoon of completion you will need to collect the keys from the property agent but this can only occur once the vendors conveyancers advise the agent that they have the completion monies and the keys can be collected. You can inform the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can assist you in locating a residential property solicitor in Bridport or a legal practice that specialises in conveyancing in Bridport.
I have paid off my mortgage with Principality. I assume I don't need a Bridport property lawyer on the Principality panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Principality mortgage from the register. Principality, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
My wife and I own a terraced Edwardian property in Bridport. Conveyancing solicitor acted for me and The Royal Bank of Scotland. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching address. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bridport and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing lawyer who completed the work.
I decided to have a survey carried out on a house in Bridport ahead of retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some banks will refuse to issue a loan on a flying freehold premises.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. If you call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bridport. Conveyancing will be smoother if you use a solicitor in Bridport especially if they are accustomed to such properties in Bridport.
There are plenty of houses in Bridport on private lanes. My husband and I are acquiring one such house. What are the pros and cons of buying a property on a privately owned road?
Bridport conveyancing solicitors are used to transacting homeson private. Your conveyancing practitioner should review the Land Registry data to find any rights or responsibilities. In many cases there is a residents association that owners pay into for the upkeep of the road. If one exists, the road should be maintained and appear better than council adopted.