My fiance and I intend to remortgage our maisonette in Shildon with Nationwide. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is repossessed. I have two concerns (1) Is this document specific to the Nationwide conveyancing panel as he did not need to sign this form when we remortgaged 3 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 Nationwide. This is solely used to protect Nationwide 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 Nationwide 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 buying a house and require a conveyancing solicitor in Shildon who is on the Principality approved 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 Principality . We don't recommend any particular firms conducting conveyancing in Shildon.
My mortgage company has recommended solicitors on their panel based in Shildon but I would rather use a conveyancing lawyer in Shildon or nearer to where I live. Are you able to assist?
Far from all Shildon conveyancing firms are on all lender’s conveyancing panel. Do make the most of our search tool to identify a Shildon conveyancing solicitor on the on the lender panel.
I am downsizing from our house in Shildon and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any high street Shildon conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a factory type conveyancing outfit as opposed to a conveyancing solicitor in Shildon. Having lived in Shildon for three years we know of no issue. Should we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I'm converting the mortgage on my existing house to a BTL mortgage with Barclays Direct and I will use the rest of the raised equity as a down payment on another house. The neighborhood we are interested in is Shildon. Will your lawyers be able to act for both sets of lenders and link together the transactions?
Make use of our search tool on this site to be sure that the conveyancers are on the appropriate lender panels. Having checked that they are the conveyancer will be able to connect the two transactions but you should talk with you lawyer and make apparent your expectations and requirements.
My partner has suggested that I appoint his lawyers for conveyancing in Shildon. Should I find my own property lawyer?
There are no two ways about it the best way to find a conveyancing lawyer is to have recommendations from friends or family who have actually experience in using the solicitor you're contemplating using.