My fiance and I are refinancing our penthouse in Camden Town with HSBC. We have a son 18 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, giving up any rights in the event that the flat is forfeited by the lender. I have a couple of questions (1) Is this form unique to the HSBC conveyancing panel as he did not need to sign this form when we remortgaged 5 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 HSBC. This is solely used to protect HSBC 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 HSBC 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 purchasing a house and need a conveyancing solicitor in Camden Town who is on the Coventry BS conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Camden Town.
I am planning to move home in January. Will my conveyancing solicitor call the removal company on the completion day. On a separate note, can you recommend a removal company in Camden Town. Conveyancing firm was found prior to coming across this page.
On the day of completion you will need to pick up the keys from the selling agent however this should only occur after the sellers solicitors confirm to the agent that the monies to complete are in and the keys can be passed over. After that you can advise the removal company that they can start moving you in. We do not suggest a specific removal company but can assist you in finding a conveyancing in Camden Town or a solicitor with expertise in conveyancing in Camden Town.
Can I be sure that the Camden Town conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Camden Town obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction.
After weeks of negotiation I have agreed a price on a house in Camden Town. My mortgage broker pressured me to appoint their conveyancer. I paid an upfront payment of £150. Soon after, the conveyancer contacted me sheepishly admitting that they were not on the Skipton conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Skipton panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Camden Town is the location of the property. Can you offer any assistance?
Flying freeholds in Camden Town are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Camden Town you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Camden Town may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My step-father has recommend that I use his lawyers for conveyancing in Camden Town. Do I follow his recommendation?
There are no two ways about it the ideal way to choose a conveyancing lawyer is to get referrals from friends or family who have actually previously instructed the solicitor you're contemplating using.