My husband and I changing mortgage lender for our flat in Kings Norton with Skipton. 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 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 apartment is repossessed. I have a couple of concerns (1) Is this document specific to the Skipton conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) Does our son by signing this compromise his rights 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 Skipton. This is solely used to protect Skipton 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 Skipton 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.
When reading moneysavingexpert.com for a conveyancing lawyer in Kings Norton, many advise that I should use a CQS accredited lawyer. What is CQS?
Kings Norton Conveyancing Quality Scheme law firms have obtained accreditation under the Law Society's Scheme (CQS) CQS was established to promote high standards in the in the legal transfer of properties. CQS helps buyers and sellers to identify solicitor firms that provide a quality residential conveyancing. Kings Norton is one of locations in England and Wales in which CQS have a presence. The conveyancing scheme requires law firms to undergo a strict assessment, compulsory training, self-reporting, spot checks and yearly assessments in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Legal Ombudsman.
Just bought a detached house in Kings Norton , how long should it take for the Land Registry to register my proprietorship? My Kings Norton conveyancing solicitor works at snail pace, so I want to be sure that my name is recorded.
There is nothing unique about conveyancing in Kings Norton registration formalities. As opposed to being determined by geographic area, timeframes can adjust according to the party submitting the application, whether it is in order and whether the Land registry communicate with any interested persons or bodies. Currently roughly three quarters of submission are fully dealt with in less than three weeks but some can be subject to protracted delays. Historically registration takes place after the purchaser is living at the premises thus 'speed' is not usually primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Kings Norton differ for newly converted properties?
Most buyers of new build premises in Kings Norton come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because builders in Kings Norton tend to acquire the site, 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 property lawyers 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 used to new build conveyancing in Kings Norton or who has acted in the same development.
I am looking into buying my first house which is in Kings Norton and I am already nervous. I couldn't find anything specific about Kings Norton. Conveyancing will be needed in due course but do you know about the Kings Norton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Kings Norton. In the meantime here are some basic statistics that we found
In my capacity as executor for the estate of my father I am disposing of a property in Swansea but I am based in Kings Norton. My solicitor (who is 260 kilometers awayrequires that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Kings Norton who can witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are Kings Norton based