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Find a Cambridge Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Cambridge? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Cambridge home move at risk of delay or failure.

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Recently asked questions about conveyancing in Cambridge

We are about to sign contracts for a semi detached house in Cambridge. We have hit a problem. The loan offer with Barclays Direct runs out on 11/11/2022 but the sellers are putting forward a completion date of 15/11/2022. Is it possible to prolong the loan expiry date?

The person best placed to deal with your issue is your lawyer who will hopefully calculate whether they corresponding with the bank, owner’s lawyers, estate agents or possibly all parties taking into account what has gone on in your conveyancing as of today.

I am looking to buy a flat and need a conveyancing solicitor in Cambridge who is on the Chelsea Building Society solicitor. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Chelsea Building Society in certain locations such as Cambridge. We dont recommend any particular firm.

I have been told that property searches are the main reason for hinderance in Cambridge house deals. Is this right?

The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any slowing down conveyancing in Cambridge.

The estate agent has sent us the confirmation of our purchase of a new build flat in Cambridge. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Cambridge

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I am in need of some leasehold conveyancing in Cambridge. Before I get started I require certainty as to the unexpired term of the lease.

Assuming the lease is registered - and almost all are in Cambridge - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I own a 2 bed flat in Cambridge, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Cambridge with a long lease are worth £201,000. The ground rent is £45 levied per year. The lease ends on 21st October 2086

With 64 years unexpired we estimate the premium for your lease extension to range between £15,200 and £17,600 as well as costs.

The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.

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