My wife and I are refinancing our apartment in South Ruislip with Virgin Money. We have a son 18 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Virgin Money conveyancing panel as he did not need 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?
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 Virgin Money. This is solely used to protect Virgin Money 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 Virgin Money 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.
Can your site be used to recommend a Conveyancing solicitor in South Ruislip even where I’m not buying or disposing of a house, for example if I wish to buy an office in South Ruislip with a mortgage from Skipton Building Society?
The service is primarily used to get a quote from residential conveyancing solicitors in South Ruislip but we have recorded at the end of this page a selection of South Ruislip commercial conveyancing firms. You should speak with the firm directly to establish if they can also act for Skipton Building Society
I am considering remortgaging my home in South Ruislip, does my lawyer need to be on the RBS Conveyancing panel?
There is nothing to stop you using your solicitor, but RBS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I am due to move house in August. Does my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you put forward a removal company in South Ruislip. Conveyancing firm was chosen before I stumbled across this site.
On the afternoon of completion you will need to pick up the house keys from your selling agent however this should only take place after the previous owners solicitors confirm to the agent that the monies to complete are in and the keys can be released. You can advise the removal men that they can start moving you in. We are not in a position to suggest a particular removal company but can assist you in finding a residential property solicitor in South Ruislip or a solicitor that specialises in conveyancing in South Ruislip.
Can you point me to a directory of Virgin Money panel conveyancers in South Ruislip on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings viewable online. Where you are looking for a South Ruislip lawyer on the Virgin Money please make the most of our tool.
Our offer on a semi in South Ruislip has been agreed to, but there is a chain. The sellers have offered on on an apartment, but it’s not yet tied up, and are looking at other flats booked. I have selected a local conveyancing solicitor in South Ruislip. What do I do now? At what stage should I apply for the mortgage with Skipton?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then valuation, South Ruislip conveyancing search fees, etc). The first thing to do is check that your lawyer is on the Skipton conveyancing panel. Regarding the subsequent stages this very much depends on the specifics of your case, motivation for this property and on the state of the market. During a buoyant market some home buyers would apply for the mortgage with Skipton and pay for the valuation and only if it was satisfactory would they ask their solicitor to proceed with the conveyancing in South Ruislip.
What can a local search inform me regarding the house I am purchasing in South Ruislip?
South Ruislip conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search is essential in every South Ruislip conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search should provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
How does conveyancing in South Ruislip differ for newly converted properties?
Most buyers of new build premises in South Ruislip come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because developers in South Ruislip typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in South Ruislip or who has acted in the same development.