My fiance and I intend to remortgage our flat in Desborough with . 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. 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 document specific to the conveyancing panel as he never had to sign this form when we purchased 3 years ago (2) Does our son by signing this compromise his rights to inherit the property?

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

At what point does exchange of contracts occur in purchase conveyancing in Desborough and do I need to attend the solicitors office?

If you are near to our conveyancing solicitors in Desborough you are invited in to sign documents. That being said, the firms we work with supply countrywide coverage for conveyancing and give just as diligent and professional a job for you when dealing with you electronically. The signing of the contract is not when everything is set in stone. Signing on the dotted line is necessary for the firm to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Desborough)to be in the office at the appropriate time.

Due to the guidance of my in-laws I had a survey completed on a house in Desborough before appointing solicitors. I have been informed that there is a flying freehold element to the property. The surveyor advised that some lenders tend not issue a loan on a flying freehold premises.

It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Desborough. Conveyancing may be slightly more expensive based on your lender's requirements.

I am selling my home. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Desborough if that affects matters.

You should use our search tool to help you find a solicitor for your conveyancing in Desborough. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

Estate agents have just been given the go-ahead to market my basement apartment in Desborough. Conveyancing lawyers have not yet been instructed, however I have just had a yearly service charge invoice – should I leave it to the buyer to sort out?

It best that you pay the invoice as you normally would as all rents and service charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I purchased a garden flat in Desborough, conveyancing formalities finalised 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Desborough with a long lease are worth £165,000. The ground rent is £45 charged once a year. The lease comes to an end on 21st October 50

With just 50 years unexpired we estimate the price of your lease extension to span between £36,100 and £41,800 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.