My husband and I are refinancing our penthouse in Leominster 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 lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have two concerns (1) Is this document specific to the Kent Reliance conveyancing panel as he never had to sign this form when we bought 3 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.
Do I have to visit the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Leominster so that I can pop in to their offices when needed.
Whereas this was necessary 15 years ago, the vast majority banks no longer require their conveyancing panel lawyer to witness the borrowers signature. You will still be obliged to supply identification documents and there are still manifest advantages to choosing a local practitioner, in your case a conveyancing solicitor in Leominster.
I need some quick conveyancing in Leominster as I have a deadline to complete in less than one month. Fortunately I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not taking a mortgage you have the choice not to have searches conducted although no lawyer would suggest that you don't. Drawing on years of experience of conveyancing in Leominster the following are instances of what can arise and adversely impact the marketability of the property: Enforcement Notices, Outstanding Fees, Outstanding Grants, Railway Schemes,...
What does commercial conveyancing in Leominster cover?
Commercial conveyancing in Leominster incorporates a broad array of advice, given by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
As co-executor for the estate of my father I am disposing of a house in Swansea but live in Leominster. My lawyer (approximately 200 kilometers from meneeds me to execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Leominster who can attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Leominster based