My partner and I changing mortgage lender for our maisonette in Wickford with Kent Reliance. We have a son 19 who lives with us. Our solicitor has asked us to disclose any adults 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 two questions (1) Is this form unique to the Kent Reliance conveyancing panel as he never had to sign this form when we purchased 4 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 Kent Reliance 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 Kent Reliance. This is solely used to protect Kent Reliance 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 Kent Reliance 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 find a Conveyancing solicitor in Wickford even where I’m not purchasing or disposing of a house, for instance where I wish to buy a shop in Wickford with a loan from Godiva Mortgages Ltd?
The service is mainly used to get a quote from domestic conveyancing solicitors in Wickford but we have recorded at the bottom of this page a few Wickford commercial conveyancing firms. You should enquire with the firm directly to see if they can also act for Godiva Mortgages Ltd
There are numerous conveyancing solicitors in Wickford but how do I know who's good?
It would be unwise to be swayed by the lowest Wickford conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
My husband and I are at the point of looking at houses in Wickford and I am now considering a potential offer. Is it best to have a solicitor on ‘stand by’? I intend to finance via a home loan with UBS.
You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are getting a mortgage with UBS, make sure you remember to check that your lawyer is on the UBS conveyancing panel.
The mortgage over my property is with Skipton for my property in Wickford. Conveyancing was finalised some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Skipton?
You must advise Skipton prior to renting your property as this is likely to be a breach of Skipton’s mortgage conditions. It may be that Skipton will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Skipton directly. You need not do this via a Skipton conveyancing panel lawyer.
I decided to have a survey done on a house in Wickford in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks may not give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wickford. Conveyancing may be slightly more expensive based on your lender's requirements.
What makes your site different to alternative online quote calculators when it comes to conveyancing in Wickford?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Wickford. As opposed to estate agents and many comparison sites we do not have commission deals with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the most commission, as opposed to the best value conveyancing in Wickford
Should I go with a Wickford conveyancing lawyer based in the vicinity that I am purchasing? An old friend can handle the legal work however his firm is located 400miles away.
The primary upside of using a local Wickford conveyancing firm is that you can visit the firm to sign paperwork, deliver your identification documents and apply pressure on them if necessary. Having local Wickford know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and on the whole were content that must trump using an unknown Wickford conveyancing solicitor just because they are local.