My fiance and I intend to remortgage our maisonette in Ottershaw with . We have a son approaching twenty who lives with us. Our solicitor requested us to identify 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 flat is forfeited by the lender. I have two concerns (1) Is this document specific to the conveyancing panel as he never had to sign this form when we remortgaged 4 years ago (2) Does our son by signing this giving up 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.

When it comes to mortgage companies such as , do Ottershaw incur a yearly amount to be on the list of approved solicitors?

We are unaware of any mortgage company fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.

How can we know in advance if a Ottershaw conveyancing solicitor on the panel is any good?

When it comes to conveyancing in Ottershaw obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor handling your conveyancing.

We are getting the release of further funds on our home loan from as we want to conduct alterations to our property in Ottershaw. Do we need to appoint a bricks and mortar Ottershaw solicitor on the conveyancing panel to handle the legals?

would not normally appoint a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the panel.

Do commercial conveyancing searches reveal planned roadworks that could affect a commercial land in Ottershaw?

Its becoming the norm that commercial conveyancing solicitors in Ottershaw will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Ottershaw. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Ottershaw.

For every commercial conveyancing transaction in Ottershaw it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Ottershaw commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Ottershaw.

I have been on the look out for a leasehold apartment up to £245,000 and found one near me in Ottershaw I like with a park and transport links in the vicinity, however it only has 52 years on the lease. There is not much else in Ottershaw for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.

Been reading online that Ottershaw solicitors are more costly than licensed conveyancers in Ottershaw to use when purchasing a house. Am I better off using a conveyancer or a solicitor if I am buying a house in Ottershaw.

When it comes to conveyancing in Ottershaw the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.