After what seems like an age a mortgage agreement from NatWest for the remortgage of my 2 bedroom apartment is to be issued by the end of next week. Could you propose a low cost conveyancing law firm in Cambourne?

You have arrived at the wrong site to search for cut-price fees for conveyancing in Cambourne. We can offer you value for money conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing brokers offering the bait of £100 conveyancing in Cambourne. In your best case scenario, in going for cheap conveyancing, you will earn what you pay for and at worst you will end up paying a lot in additional fees and still not receive the service expected.

Our conveyancer has uncovered a a legal deficiency with the lease for the apartment we are buying in Cambourne. The seller’s lawyers have put forward defective title insurance as a solution. We are happy with insurance and will pay for it. Our conveyancing practitioner has advised that he must check that the mortgage company is happy with this solution. Who is the client here, us or the mortgage company ?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.

We note that you have a search directory identifying solicitors on the UBS conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Cambourne?

We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cambourne.

I used Action Conveyancing a few years ago for my conveyancing in Cambourne. I now require my papers but cannot find the solicitor. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cambourne of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I've recently bought a leasehold flat in Cambourne. Do I have any liability for service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Cambourne - A selection of Questions you should consider before Purchasing

Many Cambourne leasehold flats will be liable to pay a service bill for maintenance of the building levied on behalf of the landlord. Where you acquire the apartment you will have to pay this liability, normally periodically during the year. This can be anything from a few hundred pounds to thousands of pounds for large purpose-built blocks. In all probability there will be a rentcharge to be met annual, this is usually not a large figure, say about £50-£100 but you need to check it because occasionally it could be surprisingly expensive. Does the lease have onerous restrictions? It would be a good idea to enquire if there are any onerous restrictions in the lease. For example it is reasonably common in Cambourne leases that pets are not permitted in in a block in Cambourne. If you love the flatin Cambourne but your dog can’t move with you then you have a very difficult decision.