We note that you have a post code search directory listing law firms on the Bank of Ireland conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Eynsham?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Eynsham.
Do the Building Society Association intend to launch a searchable register to list law firms on the Melton Mowbray Building Society conveyancing panel for example in Eynsham?
Lexsure has not been advised of any intention on the part of the BSA to promote such a register.
Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who conducted the conveyancing in Eynsham 4 years ago have long since closed. What are my options?
Nowadays there are duplicates made of almost everything, and your conveyancer will know precisely where to look for all the appropriate documentation so you may purchase or sell your property without any difficulty. Where duplicates can’t be located, your solicitor may be able to put in place insurance or indemnities against possible claims on your premises.
How does conveyancing in Eynsham differ for new build properties?
Most buyers of new build premises in Eynsham come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Eynsham usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Eynsham or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Eynsham ahead of instructing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some banks will not issue a loan on such a home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Eynsham. Conveyancing will be smoother if you use a solicitor in Eynsham especially if they regularly deal with such properties in Eynsham.
I am a negotiator for a busy estate agency in Eynsham where we have experienced a few flat sales jeopardised as a result of short leases. I have received inconsistent advice from local Eynsham conveyancing firms. Could you clarify whether the owner of a flat can instigate the lease extension process for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I acquired a split level flat in Eynsham, conveyancing was carried out in 2008. How much will my lease extension cost? Similar flats in Eynsham with a long lease are worth £176,000. The ground rent is £50 per annum. The lease comes to an end on 21st October 2075
With just 50 years unexpired we estimate the price of your lease extension to be between £31,400 and £36,200 as well as legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.