My partner and I intend to remortgage our maisonette in Lydney with RBS. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have a couple of concerns (1) Is this document specific to the RBS conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your RBS 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 RBS. This is solely used to protect RBS 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 RBS 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.
I am purchasing a property and require a conveyancing solicitor in Lydney who is on the Alliance & Leicester solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Lydney. We dont recommend any particular firm.
Me and my partner are purchasing a apartment in Lydney. It might be a silly question but how we can trust a conveyancer? On the day of competition we will need to send our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are planning to move property in September. Should my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you suggest a removal company in Lydney. Conveyancing lawyer was organised prior to coming across this page.
On the afternoon of completion you can pick up the keys from your estate agent however this can only be done once the previous owners conveyancers confirm to the agent that the monies to complete are in and the keys can be passed over. Subsequently you should inform the removal men that you are ready to move in. We are not in a position to recommend a particular removal company but can help you choose a conveyancing in Lydney or a solicitor with expertise in conveyancing in Lydney.
The formalities of my purchase has taken place for my property in Lydney. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Do commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Lydney?
Its becoming the norm that commercial conveyancing solicitors in Lydney will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Lydney. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Lydney.
For every commercial conveyancing transaction in Lydney it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Lydney commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Lydney.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Lydney?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Lydney. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Are all Lydney solicitors on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can pop into your high street bank branch in Lydney. Chances are that they can recommend conveyancing solicitors in Lydney