Our family solicitor has sent a quote for just over a thousand pound for no completion no fee conveyancing in Cambridge. I am selling a purpose built detached home for £250,000. This sounds overpriced. Is it above what I should be paying for conveyancing in Cambridge?
The costs illustration is slightly on the high side. If you are prepared to spend time contrasting costs you could get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you maylive to regret choosing an an untested conveyancer. If is important to ensure that the solicitor can also act for your bank. Do utilise our comparison tool to locate a Cambridge conveyancing company on the banks member panel which can often include conveyancing solicitors in Cambridge.
Finally the sale completed on my house in Cambridge last November yet the purchaser is texting daily complaining that her lawyer needs to hear from mine. What are the post completion sale legalities following completion?
Following your disposal your solicitor should forward the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also send confirmation that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There are no post completion procedures unique to conveyancing in Cambridge.
I have recentlydiscovered that Wolstenholmes have closed. They carried out my conveyancing in Cambridge for a purchase of a leasehold flat 18 months ago. How can I check that my home 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 carry out 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 Cambridge conveyancing specialists.
I've found a house that appears to meet my requirements, at a great price which is making it more attractive. I have since been informed that the title is leasehold rather than freehold. I am assuming that there are issues purchasing a house with a leasehold title in Cambridge. Conveyancing solicitors have are soon to be instructed. Will they explain the issues?
Most houses in Cambridge are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Cambridge so you should seriously consider shopping around for a Cambridge conveyancing solicitor and check that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the landlord’sconsent to conduct changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the estate where the house is part of an estate. Your conveyancer should appraise you on the various issues.
I inherited a garden flat in Cambridge, conveyancing was carried out February 2010. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Cambridge with over 90 years remaining are worth £222,000. The ground rent is £50 invoiced every year. The lease ends on 21st October 2092
With just 71 years unexpired the likely cost is going to be between £9,500 and £11,000 plus legals.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.
What range of conveyancing services do Cambridge conveyancing firms undertake?
On the whole Cambridge conveyancing companies manage to handle a wide sphere of services to home and land owners, sellers, first time buyers, freeholders and leaseholders including the following:
Residential sale conveyancing in Cambridge and elsewhere in the country
Property purchase conveyancing in Cambridge and nationwide
All types of leasehold accommodation including, flats and maisonettes Auction property conveyancing - selling and buying Missing landlord applications by leaseholders to acquire their freehold Acquisition of council property under the Right to Buy Scheme