Can the conveyancing lawyers identified via your search tool handle conveyancing in Eye by way of an attended exchange?
There are a few conveyancing specialists carrying out personalised exchanges. Do call us to get a fee calculation and details as to dates.
Are the BSA intent on creating a search tool with a view to list firms on the Darlington Building Society conveyancing panel for example in Eye?
We are not aware of any plans on the part of the BSA to promote such a register.
Have just purchased a probate house at auction in Eye. Conveyancing is needed. What are my next steps?
Having legally committed yourself to purchase you will need to retain a conveyancing solicitor soon as you now have a fast approaching deadline in which to complete the property. All auction property will have a bespoke legal set of papers. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold property the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You must give this to the conveyancer working for you ASAP. You also need to ensure that that you have the requisite funding in place to complete on the date specified in the contract.
I am expecting a OIP from Skipton this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Skipton recommend any Eye solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Eye solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
I have paid off my mortgage with Coventry BS. I assume I don't need a Eye conveyancing practitioner on the Coventry BS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Eye?
Unless a prior acquisition of the house completed post 12 October 2013 you could take it that lawyers carrying out conveyancing in Eye to remain recommending a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly picked up during conveyancing in Eye?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Eye. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What advice can you give us when it comes to choosing a Eye conveyancing practice to carry out our lease extension conveyancing?
When appointing a property lawyer for lease extension works (regardless if they are a Eye conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with two or three firms including non Eye conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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What are the charges for lease extension work? How familiar is the firm with lease extension legislation?
I purchased a 2 bed flat in Eye, conveyancing formalities finalised April 1995. How much will my lease extension cost? Similar flats in Eye with a long lease are worth £190,000. The ground rent is £45 invoiced annually. The lease ends on 21st October 2086
With just 62 years unexpired we estimate the premium for your lease extension to range between £17,100 and £19,800 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.