My fiance and I swapping mortgage lender for our apartment in Eden Park with Leeds Building Society. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of concerns (1) Is this document specific to the Leeds Building Society conveyancing panel as he never had to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Leeds Building Society 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 Leeds Building Society. This is solely used to protect Leeds Building Society 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 Leeds Building Society 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.
About to place an offer on a leasehold property in Eden Park. The property agents say that it is usual for flats in Eden Park to have less than 75 years left on the lease. I am expecting a mortgage with Accord Mortgages. Will the property be mortgageable given that the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/10/2025 the requirements read as follows :
Have just purchased a repossessed house at auction in Eden Park. Conveyancing is necessary. What are my next steps?
Given that you are now exchanged you should find a conveyancing lawyer soon as you will have a fast approaching a fixed date to complete the conveyancing. Every auction property will have a corresponding auction set of papers. This will likely include most,if not all of the paperwork that your conveyancer will need. Where you are dealing with leasehold premises the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You need to give this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that you have funds organised to complete on the date specified in the contract.
I'm the single beneficiary of my late mum's estate with all property in now in my sole name, including the my former home in Eden Park. The Eden Park property was put into my name in September. I now wish to sell up. I understand that there is a CML 6 month 'rule', which means that my property ownership may be regarded the same way as if I'd bought the house in September. Will no one buy the property for half a year?
The CML handbook mandates conveyancers 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 impacted by that. How practical a view banks take of it, depend on the bank as this provision is chiefly there to capture the purchase and immediately sell or the flipping of property.
Are all Eden Park Conveyancing Quality Solicitors on the Lloyds conveyancing panel?
A selection of banks and building societies now use CQS as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial premises in Eden Park?
Many commercial conveyancing solicitors in Eden Park will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Eden Park. The report 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 Eden Park.
For each commercial conveyancing transaction in Eden Park it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Eden Park commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Eden Park.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Eden Park for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Eden Park conveyancing specialists.
Can you offer any advice when it comes to choosing a Eden Park conveyancing firm to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Eden Park conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Eden Park conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:
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If the firm is not ALEP accredited then why not? What are the legal fees for lease extension conveyancing?
I own a second floor flat in Eden Park. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
in cases where there is a absentee landlord or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to arrive at the amount due.
An example of a Freehold Enfranchisement case for a Eden Park residence is 26 Manor Road in July 2010. the Tribunal decided that price to be paid for the freehold was £12,420 This case was in relation to 2 flats. The unexpired lease term was 76.75 and 88.83.