My wife and I swapping mortgage lender for our apartment in Sonning Common with HSBC. We have a son 19 who lives at home. 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 apartment is forfeited by the lender. I have a couple of questions (1) Is this document specific to the HSBC conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your HSBC 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 HSBC. This is solely used to protect HSBC 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 HSBC 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.
A friend advised me that if I am purchasing in Sonning Common I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Sonning Common conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Sonning Common around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Sonning Common Education with maps and statistics, Local Amenities and other useful information regarding Sonning Common.
I have justbecome aware that Action Conveyancing have been shut down. They conducted my conveyancing in Sonning Common for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sonning Common conveyancing specialists.
How does the Landlord & Tenant Act 1954 impact my business premises in Sonning Common and how can you help?
The 1954 Act affords protection to business tenants, giving them the right to make a request to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Sonning Common is one of the numerous areas of the UK in which our lawyers are located
In my capacity as executor for the estate of my grandfather I am disposing of a property in Newport but reside in Sonning Common. My conveyancer (based 260 kilometers awayneeds me to execute a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Sonning Common to attest and place their company stamp on the document?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Sonning Common based
Online reading suggests that Sonning Common solicitors are more expensive than Sonning Common conveyancers in Sonning Common when it comes to purchasing a house. So is it better if I use a conveyancer or a solicitor where I am purchasing for my home move in Sonning Common.
When it comes to conveyancing in Sonning Common the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.