We are purchasing a new build duplex in Ebbw Vale and my conveyancer is telling me that she has to the mortgage company to disclose incentives from the seller. I am on a tight deadline to exchange and I have no desire to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Should commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Ebbw Vale?
Many commercial conveyancing solicitors in Ebbw Vale will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Ebbw Vale. The search result provides 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 Ebbw Vale.
For each commercial conveyancing transaction in Ebbw Vale it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Ebbw Vale commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Ebbw Vale.
Are there restrictive covenants that are commonly picked up during conveyancing in Ebbw Vale?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Ebbw Vale. 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…’
Due to the advice of my in-laws I had a survey completed on a house in Ebbw Vale ahead of retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some lenders will not grant a mortgage on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you contact us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ebbw Vale. Conveyancing may be slightly more expensive based on your lender's requirements.
How does the Landlord & Tenant Act 1954 affect my commercial premises in Ebbw Vale and how can you help?
The 1954 Act gives security of tenure to business tenants, giving them the legal entitlement to apply to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Ebbw Vale
My in 2006. He has since got married, divorced and is now married again. He now wants to the sell the Ebbw Vale property. I think he will just be requested to supply copies of the marriage certificates to the conveyancer but he is anxious it could delay the sale of the property. Should he instruct a conveyancing practitioner to update the Land Registry details for the property?
You are not required to bring up to date the register providing you have the evidence needed to show how the change of name occurred.
Any purchaser’s conveyancing practitioner will review the land registry details and request evidence by way of proof of the name change e.g. marriage documentation.