My husband and I changing mortgage lender for our maisonette in North Ockendon with Yorkshire BS. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose any adults 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 questions (1) Is this document specific to the Yorkshire BS conveyancing panel as he never had to sign this form when we purchased 4 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 Yorkshire BS. This is solely used to protect Yorkshire BS 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 Yorkshire BS 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 reviewing mumsnet.com for a cheap solicitor in North Ockendon, most advise that I must look for a CQS accredited lawyer. Can you explain what CQS is?
North Ockendon Conveyancing Quality Scheme law firms have achieved certification by the law Society CQS was established to establish evidence of quality standards in the home legal process. CQS enables buyers and sellers to recognise practices who provide a quality residential conveyancing. North Ockendon is one of the many areas in England and Wales in which CQS are located. The conveyancing scheme obliges solicitors to undergo a strict assessment, compulsory training, self-certification, 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 Council of Mortgage Lenders.
Just had an offer accepted on a new build apartment in North Ockendon. Conveyancing is a frightening process 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 legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in North Ockendon
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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?
I opted to have a survey completed on a house in North Ockendon prior to appointing solicitors. I have been advised that there is a flying freehold element to the house. My surveyor advised that some mortgage companies tend refuse to issue a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in North Ockendon. Conveyancing will be smoother if you use a solicitor in North Ockendon especially if they are familiar with such properties in North Ockendon.
I am downsizing from my house. My former lawyers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in North Ockendon if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in North Ockendon. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am using a search engine for the phrase conveyancing in North Ockendon it shows results of numerous conveyancerslocally. How do I determine which is the right property lawyer for my move?
The ideal method of seeking the right conveyancer is via trusted referral, so seek the counsel of friends and those you trust who have purchased a property in North Ockendon or the local estate agent or financial adviser. Costs for conveyancing in North Ockendon differ, so it's sensible to obtain at least four costs illustrations from different companies. Dont forget to clarify that the fees are fixed.