My husband and I swapping mortgage lender for our apartment in Winchelsea with Aldermore. We have a son 18 who lives at home. 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, waiving any legal rights in the event that the property is forfeited by the lender. I have two questions (1) Is this form unique to the Aldermore conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this compromise 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 Aldermore. This is solely used to protect Aldermore 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 Aldermore 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.
Is there a search tool that I can utilise to discover of the solicitor handling my conveyancing in Winchelsea is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus paying £192.00 in further conveyancing bill.
Please do make the most of the find a lender approved solicitor tool on this site. Please choose the lender and type ‘Winchelsea’ or your location and you will see numerous conveyancers located in Winchelsea or nearest you.
Various internet forums that I have visited warn that are a common cause of delay in Winchelsea conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays in the conveyancing process. Searches are unlikely to be the root cause of delay in conveyancing in Winchelsea.
In my capacity as executor for the estate of my grandmother I am selling a residence in Swansea but live in Winchelsea. My lawyer (approximately 235 kilometers awayhas requested that I execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Winchelsea who can attest this legal document for me?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Winchelsea
How much experience do your Winchelsea conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Winchelsea conveyancing lawyers help thousands of buyers move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Winchelsea conveyancers have worked on recent similar cases.