Conveyancing

Legal-Hour-Conveyancing

Our Conveyancing Legal Hour is hosted by Karen Chui, Principal Associate in our Residential Property Department. 


If you require further help regarding buying and selling a property, please phone us on 01279 755777 or contact Karen Chui directly. 


Our Conveyancing Team will be hosting the Nockolds Legal Hour on the following dates:

Wednesday 22nd November 2017 12pm - 1pm 
Wednesday 24th January 2018 12pm - 1pm 
Wednesday 7th March 2018  12pm - 1pm
Wednesday 18th April 2018  12pm - 1pm
Wednesday 30th May 2018 12pm - 1pm

Our Latest Legal Hour Questions (22.11.17)

Read your previously answered questions here  
My daughter is about to purchase her first home but has asked me to act as guarantor on the mortgage, is this a good idea?
Mortgages with a guarantor are typically seen in circumstances such as this one, where there is a first time buyer and deposit may be small or non-existent. 

It is absolutely vital that you obtain independent legal advice prior to acting as a guarantor and it is often that this will be a lender requirement. There are a number of extreme risks when acquiring this role and you should be aware of every possible eventuality. For example if a number of repayments to the Lender are missed and there is not suitable equity in the secured property, the guarantor’s property could be at risk of repossession as well. If you are able to, you should consider gifting or loaning your daughter money towards a deposit to avoid putting your family home on the line.