My partner and I are refinancing our maisonette in North East London with Clydesdale. We have a son approaching twenty 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, waiving any legal rights in the event that the apartment is repossessed. I have two questions (1) Is this form unique to the Clydesdale conveyancing panel as he did not need to sign this form when we remortgaged 3 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?

First, rest assured that your Clydesdale 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 Clydesdale. This is solely used to protect Clydesdale 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 Clydesdale 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.

Just acquired a semi-detached house in North East London , What is the estimated time for the Land Registry to deal with the formalities evidencing my ownership? My North East London conveyancing solicitor works at snail pace, so I want to check the land registry aspects are dealt with.

As far as conveyancing in North East London registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry need to notify any 3rd persons or bodies. As of today approximately 80% of such applications are fully addressed within 12 days but occasionally there can be extensive delays. Historically registration occurs after the buyer is living at the property thus an expedited registration is not usually top priority but if there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.

I am buying my first flat in North East London benefiting from help to buy. The sellers refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not to tell my solicitor about this side-deal as it would put at risk my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I opted to have a survey completed on a property in North East London ahead of retaining solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks will refuse to give a loan on a flying freehold home.

It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in North East London. Conveyancing may be slightly more expensive based on your lender's requirements.

How easy is it to change solicitor as I have to appoint one who is on the HSBC Bank conveyancing list. I was using a local conveyancing solicitor in North East London five minutes from me but he is not approved by HSBC Bank

It would be our pleasure to assist you select a conveyancing solicitor in North East London on the HSBC Bank panel. Please note that the conveyancers that we on the directory do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in North East London. In making use of the find a conveyancing solicitor tool on this website, you can compare charges for conveyancing solicitors in North East London and beyond.