What is the first thing I need to know about purchase conveyancing in Cambridgeshire?
Not many law firms or advisers will tell you this but conveyancing in Cambridgeshire or throughout England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists lots of opportunity for friction between you and other parties involved in the ownership transfer. For example, the vendor, property agent and on occasion the bank. Appointing a lawyer for your conveyancing in Cambridgeshire an important selection as your conveyancer is your adviser, and is the ONE person in the process whose role it is to act in your legal interests and to protect you.
Sometimes a potential adversary will attempt to convince you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by suggesting your solicitor is dragging his heels. Or your mortgage broker may advise you to do something that is contrary to your conveyancers advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
I had intended to instruct a property lawyer in Cambridgeshire for our home move. Our financial adviser has since notified us that our mortgage company Halifax won't deal with them. Surely this is unfair competition?
A mortgage company will direct that a panel conveyancer act for it. Borrowers are liable to bear the cost of this. Try using our directory service to locate a solicitor to carry conveyancing in Cambridgeshire on the Halifax approved list of solicitors.
What is the difference between a licensed conveyancer and conveyancing solicitor in Cambridgeshire
There are many recorded licenced Conveyancers in Cambridgeshire and Solicitor practices in Cambridgeshire offering conveyancing It is important to make clear that the two are regulated professionals specialising in the legal work in transferring property. Both can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I am due to move property in November. Will my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Cambridgeshire. Conveyancing lawyer was found prior to coming across this page.
On the afternoon of completion you will need to collect the keys from the estate agent however this can only happen after the vendors lawyers inform the agent that they have the completion monies and the keys can be handed over. After that you should inform the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal organisation but can help you locate a conveyancing in Cambridgeshire or a legal practice that specialises in conveyancing in Cambridgeshire.
Can I be sure that the Cambridgeshire conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Cambridgeshire getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer carrying out your conveyancing.
I own a leasehold flat in Cambridgeshire. Conveyancing and Santander mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Cambridgeshire who acted for me is not around. What should I do?
The first thing you should do is make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Cambridgeshire conveyancing solicitor to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a studio flat in Cambridgeshire, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Cambridgeshire with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease runs out on 21st October 2089
With just 69 years unexpired we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.
Is there a distinction between surveying and conveyancing in Cambridgeshire?
Conveyancing - in Cambridgeshire or elsewhere - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are purchasing and will help you find out about the condition of the building and, if there are problems, give you leverage for negotiating the buying price down or asking the vendor to remedy the defects before you complete your move.