lenderpanel

Find a Somersham Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Somersham conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Somersham

Souldusing a Somersham conveyancing lawyer make my purchase more efficient?

Generally conveyancing practitioners in your neck of the woods will enjoy strong connections with your local authority, which could help with your Somersham conveyancing searches that your lawyer will need to carry out. It also helps if they enjoy good connections with the Land Registry in your area Somersham, other property lawyers in the neighbourhood and Somersham Estate Agents.

I have given 2 months notice to my existing landlord and must leave my rented apartment in Somersham by 4/9/2019. Conveyancing for my house purchase has just started. How realistic is it to complete in a couple of weeks as I wish to avoid having to find short term accommodation?

It is unwise to serve notice on a rental unless you have exchanged. If you have not already done so, update to your solicitor and urge them to they cajole the owners solicitors, try to an acceptable time-line that all parties will work to achieve

As someone with no idea as to the Somersham conveyancing process what is your top tip you can give me concerning the ownership transfer in Somersham

Not many law firms shout this from the rooftops but conveyancing in Somersham or throughout Cambridgeshire is an adversarial process. In other words, when it comes to conveyancing there exists lots of opportunity for conflict between you and other parties involved in the legal transfer of property. For example, the vendor, property agent and even potentially a lender. Appointing a solicitor for your conveyancing in Somersham should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the legal process whose role it is to protect your legal interests and to protect you.

There is a worrying ongoing adversarial element to conveyancing- someone has to be at fault for the process being so protracted. You must always trust your lawyer ahead of the other players in the home moving process.

Will our solicitor be raising enquiries regarding flooding as part of the conveyancing in Somersham.

Flooding is a growing risk for solicitors specialising in conveyancing in Somersham. There are those who buy a property in Somersham, completely aware that at some time, it may be flooded. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.

Conveyancers are not best placed to impart advice on flood risk, however there are a number of checks that can be initiated by the buyer or by their solicitors which will give them a better understanding of the risks in Somersham. The standard property information forms sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the seller to discover whether the premises has ever been flooded. If flooding has previously occurred which is not revealed by the seller, then a buyer could issue a legal claim for losses resulting from an misleading answer. A buyer’s solicitors will also carry out an enviro search. This will higlight if there is a recorded flood risk. If so, additional inquiries should be made.

I decided to have a survey completed on a property in Somersham in advance of instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some banks will not issue a loan on such a property.

It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Somersham. Conveyancing will be smoother if you use a solicitor in Somersham especially if they are acquainted with such properties in Somersham.

Last updated

Find out more about how flying freehold can affect your the value of a property.