My mortgage broker has requested my Eye solicitor’s panel member for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local Eye office but they have not got back to me yet.
Have you tried calling your Eye lawyer about this?. Most Eye conveyancing firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
I have given 8 weeks notice to my current landlord and must vacate my rented flat in Eye by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in three weeks as I wish to avoid having to move into temporary accommodation?
Generally one should not provide notice for your tenancy unless you have exchanged. If you have not previously done so, notify to your solicitor and urge them to they apply pressure on the owners lawyers, try to an agreed time frame that everyone will work towards
My colleague suggested that where I am buying in Eye I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Eye conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Eye around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Eye Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information concerning Eye.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Eye?
Covenants that are restrictive in nature 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…’
In what way does the Landlord & Tenant Act 1954 impact my commercial property in Eye and how can you help?
The 1954 Act affords security of tenure to business lessees, giving them the dueness to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Eye is one of the many areas of the UK in which our lawyers have offices
Having checked my lease I have discovered that there are only Fifty years left on my flat in Eye. I now want to extend my lease but my landlord is absent. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to prove that you have used your best endeavours to track down the landlord. On the whole a specialist should be useful to try and locate and prepare a report to be used as evidence that the landlord is indeed missing. It is wise to seek advice from a property lawyer in relation to devolving into the landlord’s absence and the application to the County Court covering Eye.
I am the registered owner of a split level flat in Eye, conveyancing having been completed in 1996. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Eye with over 90 years remaining are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease finishes on 21st October 2089
You have 64 years unexpired we estimate the premium for your lease extension to range between £14,300 and £16,400 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.