It is a dozen years since I acquired my property in Eye. Conveyancing solicitors have just been retained on the sale but I am unable to find the deeds. Will this cause complications?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they could stored with the solicitor who handled the purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring up to date copy of the land registers. The vast majority of conveyancing in Eye relates to registered property but in the rare situation where your home is unregistered it adds to the complexity but is not insurmountable.
I am purchasing a garden flat in Eye. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Eye you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Eye.
What does a local search reveal regarding the property my wife and I buying in Eye?
Eye conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Onsearch The local search plays a central role in many a Eye conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search should provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I have justfound out that Action Conveyancing have closed. They carried out my conveyancing in Eye for a purchase of a freehold house 18 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest method to check if the property is in your name, you can make 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 Eye conveyancing specialists.
I am looking for a leasehold apartment up to £235,500 and identified one close by in Eye I like with open areas and station nearby, however it only has 61 remaining years left on the lease. There is not much else in Eye in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan the remaining unexpired lease term will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
I am using a search engine for the phrase on line conveyancing in Eye it reveals many property lawyersin the area. How do I determine which is the right conveyancing solicitor for me?
The ideal way of finding the right conveyancer is through a personal testimonial, so ask friends and relatives who have acquired a property in Eye or a reputable estate agent or financial adviser. Costs for conveyancing in Eye vary, so it's advisable to obtain a minimum of three quotes from different companies. Make sure that you know that the fees are fixed.