My wife and I changing mortgage lender for our penthouse in Radstock with . We have a son 19 who lives at home. 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, giving up any rights in the event that the property is repossessed. I have two concerns (1) Is this form unique to the conveyancing panel as he never had to sign this form when we bought 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.

I understand that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a property in Radstock? or I am told that there is a law dating back centuries that means some homeowners living in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Radstock?

Unless a previous acquisition of the premises took place post 12 October 2013 you can take it that lawyers conducting conveyancing in Radstock to continue to suggest a chancel search and or chancel repair liability insurance.

I am buying a new build house in Radstock with a loan from . The sellers refused to move on the price so I negotiated 6k of extras instead. The sale representative suggested that I not to tell my solicitor about the side-deal as it may put at risk my mortgage with . Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Are there any apps to help identify a Radstock solicitor on the conveyancing panel? I have wheels and am prepared to travel upto 20miles to meet the conveyancer.

Feel free to make use of the search on this website. Please pick a mortgage company and your location and you will see a number of Radstock conveyancing lawyers based on proximity. We have detailed some Radstock conveyancing firms at the bottom of this page and you can call them to see if they are on the member panel

I am the registered owner of a 2 bed flat in Radstock, conveyancing formalities finalised 1995. Can you work out an approximate cost of a lease extension? Corresponding properties in Radstock with a long lease are worth £165,000. The ground rent is £45 invoiced annually. The lease ends on 21st October 50

With 50 years left to run the likely cost is going to range between £36,100 and £41,800 plus legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.