My husband and I are refinancing our apartment in Martlesham Heath with Principality. We have a son 19 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is repossessed. I have two questions (1) Is this document specific to the Principality conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?
First, rest assured that your Principality 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 Principality. This is solely used to protect Principality 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 Principality 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.
Having sold my house in Martlesham Heath last March but our buyer keeps Skype messaging daily to say her lawyer needs to hear from mine. What should have happened following completion?
After completion of your house sale your solicitor should send the transfer documentation and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer must also send confirmation that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion requirements specific conveyancing in Martlesham Heath.
A friend advised me that where I am purchasing in Martlesham Heath I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Martlesham Heath conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Martlesham Heath around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Martlesham Heath Education with plans and statistics, Local Amenities and other useful data regarding Martlesham Heath.
My father-in-law has recommend that I appoint his conveyancers in Martlesham Heath. Should I find my own conveyancer?
There are no two ways about it the ideal way to find a conveyancing practitioner is to have recommendations from friends or relatives who have used the conveyancer you're contemplating using.
Is it true that a Martlesham Heath conveyancing practice taken to court by clients for not carrying out comprehensive conveyancing searches?
We are not aware of such a Martlesham Heath conveyancing matter but according to a recent report, clients acquiring a house in Cumbria successfully sued their conveyancer as a consequence of development plans to construct a wind farm failing to be picked up in conveyancing searches.
If you are buying in Martlesham Heath It is critical that your lawyer conduct all Martlesham Heath conveyancing searches needed to ensure you have accurate and current information ahead of purchasing a property.