Much to our surprise we have been told by our IFA that my Colsterworth solicitor is not on the bank Solicitor panel. What can I do to check?
The first thing you need to do is to contact your Colsterworth conveyancer. You lawyer should notify you what has happened. If they are not on the panel they may recommend you to a Colsterworth conveyancing firm that is on the conveyancing panel for your bank.
My husband and I changing mortgage lender for our penthouse in Colsterworth with Coventry BS. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 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 apartment is forfeited by the lender. I have two questions (1) Is this form unique to the Coventry BS conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) In signing this form is our son in any way compromising his right 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 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.
Various online forums that I have visited warn that are the number one cause of obstruction in Colsterworth house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Colsterworth.
Hoping to buy a property located in Colsterworth and I am already nervous. I couldn't find anything specific about Colsterworth. Conveyancing will be needed in due course but do you know about the Colsterworth area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Colsterworth. In the meantime here are some basic statistics that we found
Me and mywife and I are in the market for a responsive conveyancing solicitor in Colsterworth to purchase a apartment. I want to avoid being ripped off and there are so many Colsterworth conveyancing practices out there...who do I opt for?
The first thing to do when searching for a Colsterworth conveyancer is seek the advice from family or trusted professionals. Almost everyone has used a conveyancing lawyer previously. Feel free to use our tool to compare Colsterworth conveyancing quotes