My fiance and I are refinancing our flat in Havering with Co-operative. We have a son 19 who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any 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 Co-operative conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong 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 Co-operative. This is solely used to protect Co-operative 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 Co-operative 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.
My stepmother informed me that in buying a property in Havering there could be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
There are anumerous of properties in Havering which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Havering should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
After weeks of negotiation I have agreed a price on an apartment in Havering. My financial adviser recommended their conveyancers. I paid an on account payment of £175. A few days later, the conveyancer called me to say that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Intending to buy a maisonette in Havering. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Havering lawyer is on the Nottingham conveyancing panel.
I acquired my house on 7 July and my personal details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Havering expressed confidence that it would be recorded in less than a month. Are titles in Havering uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Havering registration formalities. Rather than based on location, timeframes can differ according to who lodges the application, whether there are errors and whether the Land registry communicate with any other parties. As of today roughly three quarters of submission are completed in less than three weeks but some can be subject to protracted hold-ups. Historically registration is effected once the purchaser is living at the property therefore 'speed' is not usually primary concern but where there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
I am buying a new build house in Havering benefiting from help to buy. The sellers would not move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not disclose to my solicitor about the deal as it would adversely affect my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Havering cover?
Commercial conveyancing in Havering covers a broad array of services, offered by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I am thinking of appointing a conveyancing solicitor in Havering for my home move. Can I review a solicitor's record with the profession’s regulator?
Anyone may review published Solicitor Regulator Association (SRA) determinations resulting from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The SRA may recorded telephone calls for training purposes.