My partner and I intend to remortgage our flat in Totterdown with TSB. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose 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 property is forfeited by the lender. I have a couple of questions (1) Is this form unique to the TSB conveyancing panel as he did not need to sign this form when we purchased 3 years ago (2) Does our son by signing this extinguish 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 TSB. This is solely used to protect TSB 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 TSB 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.
In what way does my ID and proof of funds have anything to do with my conveyancing in Totterdown? What am I being asked for?
Totterdown conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under money laundering regulations to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).
Proof of the origin of funds is also required in compliance with the money laundering regulations as lawyers are duty bound to ensure that the funds you are using to purchase a property (whether it be the deposit for exchange or the full purchase monies where you are a cash purchaser) has originated from legitimate source (such as employment savings) as opposed to the fruits of illegitimate activity.
We are planning to purchase with Darlington Building Society. I called into 3 or 4 local firms but cant to find a Totterdown conveyancing firm on the Darlington Building Society panel. Could you assist?
You should take advantage of the search tool on this web page. Pick the building society and type Totterdown or your location and you will be presented with a number of lawyer offices in Totterdown or by proximity to you.
It has been three months since my purchase conveyancing in Totterdown concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does the Landlord & Tenant Act 1954 affect my commercial property in Totterdown and how can your lawyers assist?
The particular law that you refer to provides a safeguard to business tenants, granting the dueness to apply to court for a new lease and continue in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Totterdown is one of the hundreds of areas of the UK in which the firms we work with have offices
I yesterday found out that one of the partners of the firm undertaking the purchase conveyancing in Totterdown is a relative of the seller. Is this permitted?
Provided there is no conflict of interest this is permitted. Where you are obtaining a home loan then the lender may have a say as many banks have specific instructions concerning this. For example for Leeds Building Society as of 20/12/2025, the requirements read as follows :
• a different person deals with the conveyance (i.e. not the borrower or a member of the borrower's immediate family);
• there is no conflict of interest and none arises during the transaction; and
• the Law Society guidelines are followed.