My wife and I changing mortgage lender for our flat in Cookham with Nottingham. We have a son 18 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this document specific to the Nottingham conveyancing panel as he never had to sign this form when we remortgaged 3 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Nottingham 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 Nottingham. This is solely used to protect Nottingham 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 Nottingham 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.
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who did the conveyancing in Cookham 5 years ago no longer exist. What are my options?
Gone are the days when you need to have the physical official documentation to establish that you are the registered proprietor of land or premises, as the Land Registry have everything they need in a digital format.
How does conveyancing in Cookham differ for new build properties?
Most buyers of new build property in Cookham approach us having been asked by the seller to sign contracts and commit to the purchase even before the residence is built. This is because builders in Cookham typically purchase the land, 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 accustomed to new build conveyancing in Cookham or who has acted in the same development.
What makes your site different to other online quote calculators for conveyancing in Cookham?
At this site secure a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Cookham. Unlike many estate agents and many comparison sites we do not operate commission arrangements with solicitors. Many agents and online brokers 'recommend' the firm who pay the most commission, as opposed to the best value conveyancing in Cookham
My step-father has urged me to use his conveyancing solicitors in Cookham. Should I find my own property lawyer?
There are no two ways about it the ideal way to select a conveyancing solicitor is to have referrals from friends or relatives who have previously instructed the conveyancer that you are are thinking of instructing.
Harry (my fiance) and I may need to sub-let our Cookham ground floor flat for a while due to a career opportunity. We used a Cookham conveyancing practice in 2003 but they have since shut and we did not have the foresight to get any advice as to whether the lease allows us to sublet. How do we find out?
The lease governs the relationship between the landlord and you the flat owner; in particular, it will set out if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Cookham do not prevent subletting altogether – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a copy of the sublease.
Cookham Leasehold Conveyancing - Sample of Queries before buying
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The answer will be important as a) areas may result in problems in the building as the communal areas may begin to deteriorate if maintenance remain unpaid b) if the leasehold owners have an issue with the running of the building you will wish to have complete disclosure Its a good idea to discover as much as you can about the company managing the building as they will affect your use and enjoyment of the property. As the owner of a leasehold property you will be at the mercy of the managing agents from a financial perspective and when it comes to every day issues like the tidiness of the communal areas. Don't be afraid to ask other tenants whether they are happy with them. On a final note, investigate as to the dates that you are obliged pay the service charge to the managing agents and specifically what you get for your money. Is anyone aware of any major works on the horizon that could increase the maintenance costs?