My wife and I changing mortgage lender for our apartment in Whetstone with RBS. We have a son 18 who lives at home. 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, giving up any rights in the event that the apartment is repossessed. I have a couple of concerns (1) Is this form unique to the RBS conveyancing panel as he never had to sign this form when we purchased 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 RBS. This is solely used to protect RBS 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 RBS 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.
We are selling our flat in Whetstone. Will the solicitor need to be required to be on the Nottingham conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
I am aiming to move home in October. Should my conveyancing solicitor call the removal company on the completion day. As an aside, can you suggest a removal company in Whetstone. Conveyancing lawyer was chosen prior to coming across this site.
On the day of completion you can pick up the house keys from the property agent however this can only occur after the vendors lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you will need to tell the removal men that they can start moving you in. We are not in a position to suggest a particular removal organisation but can help you find a residential property solicitor in Whetstone or a legal practice with expertise in conveyancing in Whetstone.
I am buying a 3 bedroom semi in Whetstone. We would like to convert the garage to an office at the house.Will legal due diligence on the property include investigations to ascertain if these alterations are prohibited?
Your solicitor should check the deeds as conveyancing in Whetstone will occasionally reveal restrictions in the title deeds which prohibit categories of changes or necessitated the consent of another owner. Certain works call for local authority planning consent and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
I am due to exchange contracts on my apartment. I had a double glazing fitted in September 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Skipton are being problematic. The Whetstone solicitor who is on the Skipton conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Skipton are requiring a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I require quick conveyancing in Whetstone as I am under pressure to complete in less than one month. Fortunately I do not need a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at liberty not to do searches although no conveyancer would suggest that you don't. Drawing on years of experience of conveyancing in Whetstone the following are examples of what can crop up and therefore affect future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
I need to retain a conveyancing solicitor for remortgage conveyancing in Whetstone. I've discover a site which looks to be the ideal offering If there is a chance to get all the legals done via phone that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am hoping to buy a repossessed flat in Whetstone and the bank selling require completion within a month. Can a lawyer complete in this timeframe? Am I best advised to use a local Whetstone firm or an online company that advertises to offer speedy conveyancing?
Visit your Whetstone high street. Go in to 3 solicitor’s offices and request to talk to a conveyancing solicitor for an estimate. Set out your needs and get a commitment on speed. Appoint the one that seems most genuine. Make sure to choose a lawyer on the list of solicitors approved by your bank.