My wife and I are refinancing our flat in Alderley Edge with Yorkshire BS. 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 reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the flat is forfeited by the lender. I have a couple of concerns (1) Is this document specific to the Yorkshire BS conveyancing panel as he never had to sign this form when we purchased 3 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your Yorkshire BS 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 Yorkshire BS. This is solely used to protect Yorkshire BS 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 Yorkshire BS 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 planning to purchase with Norwich and Peterborough Building Society. We have called around locally yet am unable to find a Alderley Edge conveyancing firm on the Norwich and Peterborough Building Society panel. Could you help?
Please do make the most of the find a lender approved solicitor tool on this site. Pick the mortgage company and type Alderley Edge or your location and you will discover numerous solicitors offices in Alderley Edge or near you.
Is there a list of Skipton panel solicitors in Alderley Edge on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the CML or Building Society Association sites. A small selection of lending institutions make their panel listings viewable online. If you are looking for a Alderley Edge lawyer on the Skipton please use our facility.
We have agreed to purchase a house in Alderley Edge. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Leeds Building Society be concerned?
Given that your lender is Leeds Building Society your lawyer must follow the conveyancing requirements set out in Part two of UK Finance Lenders’ Handbook for Leeds Building Society. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Leeds Building Society where a lease fails to satisfy these requirements. The conditions relate to the installation of panels on properties nationwide and is not limited to Alderley Edge.
We were going to get a AIP from Aldermore this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Alderley Edge solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Alderley Edge solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
I used Action Conveyancing several years ago for my conveyancing in Alderley Edge. I now require my papers but the law firm has closed. What do I do?
Do contact 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 Alderley Edge of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Am I best advised to choose a Alderley Edge conveyancing solicitor in close proximity to the house I am hoping to buy? An old friend can conduct the legal formalities but his firm is located a couple of hundredkilometers drive away.
The primary upside of using a local Alderley Edge conveyancing practice is that you can drop in to sign documents, present your ID and pester them where appropriate. They will also have local intelligence which is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and in the main were happy that must surpass using an unknown Alderley Edge conveyancing solicitor solely due to them being round the corner.