My partner and I are refinancing our apartment in Stockton Heath with Virgin Money. We have a son 19 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is forfeited by the lender. I have two concerns (1) Is this document specific to the Virgin Money conveyancing panel as he did not need to sign this form when we remortgaged 3 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 Virgin Money 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 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.
I need some fast conveyancing in Stockton Heath as I have an ultimatum to exchange contracts within one month. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Stockton Heath the following are examples of issues that can show up and adversely affect future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
I used Wolstenholmes a few years ago for my conveyancing in Stockton Heath. Now, I need my documents however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Stockton Heath of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Hoping to buy a property located in Stockton Heath and I am already nervous. I couldn't find anything specific about Stockton Heath. Conveyancing will be needed in due course but do you know about the Stockton Heath area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Stockton Heath. In the meantime here are some basic statistics that we found
In scouring the web for the words cheap conveyancing in Stockton Heath it reveals numerous property lawyerslocally. With so much choice what is the best way to find the right conveyancing solicitor for me?
The best method of choosing a suitable conveyancer is via personal testimonial, so ask friends and relatives who have bought a property in Stockton Heath or a respected estate agent or mortgage broker. Charges for conveyancing in Stockton Heath differ, so it's advisable to obtain a minimum of four quotes from varying types of property lawyers. Make sure that you clarify that the fees are fixed.
What should I expect to pay for conveyancing in Stockton Heath?
Almost all Stockton Heath conveyancing practices will agree to a set fee. In the event that further work become due during the transaction your conveyancing practitioner is duty bound to inform you in writing of such additional charges for any work immediately it becomes obvious. Some practices may agree not to render an invoice if a transaction does not go ahead, others will charge a proportion of the agreed fee, according to the stage at which the transaction does not go ahead.
We would recommend that you ask a few practices to send you a quotation.