My partner and I changing mortgage lender for our maisonette in Filey with TSB. We have a son 19 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 two concerns (1) Is this form unique to the TSB conveyancing panel as he never had to sign this form when we bought 4 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
First, rest assured that your TSB 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 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.
We are planning to buy with Darlington Building Society. I called into a few high street firms but cant to find a Filey conveyancing firm on the Darlington Building Society panel. Please you assist?
Feel free to take advantage of the find a lender approved solicitor tool on this site. Pick the lender and type Filey or your preferred area and you will see a number of lawyer located in Filey or near you.
The estate agent has sent us the confirmation of our purchase of a new build flat in Filey. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Filey
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Are there any apps to help search for a Filey solicitor on the Coventry Building Society conveyancing panel? I drive a motor bike and am happy to travel upto 20kilometers to meet the lawyer.
You can use the search on this page. Please pick a bank and your location and you will see a number of Filey conveyancing lawyers located nearest you. We have detailed some Filey conveyancing firms towards the end of this page and you can contact them to see whether they are on the Coventry Building Society approved list
I need to find a conveyancing solicitor for sale conveyancing in Filey. I happened to stumble across a web site which seems to have the perfect offering If there is a chance to get all formalities done via web 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?
What are your top tips when it comes to finding a Filey conveyancing firm to carry out our lease extension conveyancing?
When appointing a solicitor for your lease extension (regardless if they are a Filey conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Filey conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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Can they put you in touch with clients in Filey who can give a testimonial?
Filey Conveyancing for Leasehold Flats - A selection of Queries before buying
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Who is in charge of the block? What is the service charge and ground rent on the property? It is important to be aware if fixing the lift or some other significant cost is due shortly that will be shared amongst the leaseholders and could well materially impact the level of the maintenance fees or necessitate a specific invoice.