My mortgage broker has asked me for my Langstone law firm’s panel reference for the Lloyds conveyancing panel. Can you suggest how I discover this. I have called my local Langstone branch but they have not responded to me.
The sensible thing to do is ask for this information from your Langstone conveyancing practitioner . Most Langstone conveyancing practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My fiance and I intend to remortgage our apartment in Langstone with Coventry BS. We have a son 18 who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the flat is forfeited by the lender. I have a couple of concerns (1) Is this form unique to the Coventry BS conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Coventry 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 Coventry BS. This is solely used to protect Coventry 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 Coventry 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.
It is 10 years ago since I acquired my home in Langstone. Conveyancing solicitors have recently been appointed on the sale but I can't find my deeds. Will this cause complications?
You need not be too concerned. Firstly the deeds may be with the lender or they could stored with the lawyers who acted in your purchase. Secondly in most cases the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Most conveyancing in Langstone relates to registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
I decided to have a survey completed on a property in Langstone ahead of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders will not give a loan on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Langstone. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Langstone to see if the conveyancing will be more expensive.
I need to find a conveyancing solicitor for remortgage conveyancing in Langstone. I've chance upon a web site which looks to be the perfect solution If there is a chance to get all formalities done via email that would be ideal. Do I need to be concerned? What should out be looking out for?
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?