My husband and I changing mortgage lender for our maisonette in Mitcham Junction with Skipton. We have a son 18 who lives at home. Our solicitor requested us to identify 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 repossessed. I have a couple of concerns (1) Is this form unique to the Skipton conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your Skipton 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 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.
We are purchasing a house and need a conveyancing solicitor in Mitcham Junction who is on the Yorkshire BS solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Mitcham Junction.
I need some fast conveyancing in Mitcham Junction as I have pressure to sign on the dotted line within 4 weeks. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at liberty not to have searches conducted although no lawyer would suggest that you don't. With lots of history conveyancing in Mitcham Junction the following are examples of issues that can show up and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
I am looking for a ground for flat up to £195,000 and found one round the corner in Mitcham Junction I like with a park and transport links in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Mitcham Junction for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
My husband and I are 14 days into a residential purchase having been referred to a firm by the selling agent to handle our conveyancing in Mitcham Junction. I am am extremely frustrated with the quality of service. Can you help me find new lawyers?
A conveyancer would need to be very poor to suggest changing them. Has the loan offer been sent? If so you must make them aware of the new contact details and have the offer are re-issued. The solicitor ideally should be on the banks approved list to avoid supplemental costs and frustration. That should be your starting point. The search tool can help you find a bank approved lawyer for your conveyancing in Mitcham Junction
What type of property do your Mitcham Junction conveyancing estimates apply to?
Our conveyancing quotes are only relevant to standard residential property in England & Wales. If you have any different needs for instance industrial or agricultural property or commercial conveyancing in Mitcham Junction please contact us to discuss this further .