My husband and I intend to remortgage our apartment in Otley with Skipton. We have a son 19 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, giving up any rights in the event that the apartment is forfeited by the lender. I have two questions (1) Is this form unique to the Skipton conveyancing panel as he never had to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?

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

I purchased a freehold residence in Otley yet charged rent, why is this and what is this?

It’s unusual for properties in Otley and has limited impact for conveyancing in Otley but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

What does a local search tell me about the property I am buying in Otley?

Otley conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company for example Xpress Legal The local search plays a central part in many a Otley conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your new home. The search will supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.

I'm refinancing my current house to a buy to let mortgage with Chelsea Building Society and I will use the rest of the raised equity towards a second house. The neighborhood we are talking about is Otley. Will your lawyers be able to act for the two mortgage companies and link together the transactions?

Make use of our search tool on this site to be sure that the solicitors are approved by both lenders. On the basis that they are the conveyancer should be able to connect the two conveyancing matters but you should have a chat with you lawyer and make apparent your expectations and requirements.

How varied are the property related services that Otley conveyancing organisations handle?

In the main Otley conveyancing organisations can carry out a wide range of assistance to home and land owners, vendors, first time buyers, landlords and leaseholders assistingwith some of the following:

Property sale conveyancing in Otley or beyond House purchase conveyancing in Otley and nationwide Create or change arrangements with neighbouring premises Licence for alterations All types of leasehold premises including, flats and maisonettes Residential conveyancing using Islamic Mortgages