Do the conveyancing lawyers that you recommend conduct attended exchange conveyancing in Eye?
There are a few conveyancing experts who can conduct one day exchanges. You should contact us to obtain a costs illustration and details as to availability.
Are the Eye conveyancing solicitors identified as being on the Virgin Money conveyancing panel, together with their details provided by Virgin Money?
Eye conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
I happen to be the sole recipient of my late grandmother’s will with all property in now in my sole name, including the house in Eye. The Eye property was put into my name in November. I now wish to sell up. I understand that there is a CML six month 'rule', which means that my property ownership could be treated the same way as though I had purchased the house in November. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. Some banks would take a pragmatic view as this requirement is principally there to pick up on subsales or the wholesaling and assigning of property.
Is it the case that all Eye solicitor practices on the UBS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be overseen by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel and in that case the practice would be regulated by the Council of Licensed Conveyancers.
I am purchasing a property in Eye. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
As your lender is RBS your lawyer must check the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for RBS. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and property lawyers are required to report to RBS where a lease fails to meet these conditions. The specifications relate to the installation of panels on properties nationwide and is not isolated to Eye.
Should commercial conveyancing searches reveal impending roadworks that could impact a commercial estate in Eye?
Many commercial conveyancing solicitors in Eye will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Eye. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Eye.
For each commercial conveyancing transaction in Eye it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Eye commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Eye.
The estate agent has sent us the confirmation of our purchase of a new build flat in Eye. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Eye
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I am looking into buying my first house which is in Eye and I am already nervous. I couldn't find anything specific about Eye. Conveyancing will be needed in due course but do you know about the Eye area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Eye. In the meantime here are some basic statistics that we found