lenderpanel

Find a Waterbeach Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Waterbeach

My god-son is in the process of securing a house that has just been built in Waterbeach with a home loan from Barclays. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?

The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Barclays conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

A friend suggested that where I am purchasing in Waterbeach I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is occasionally included in the estimate for your Waterbeach conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Waterbeach around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Waterbeach Education with maps and statistics, Local Amenities and other useful information concerning Waterbeach.

I have justfound out that Stirling Law have closed. They conducted my conveyancing in Waterbeach for a purchase of a freehold house 10 months ago. How can I establish that my home is in my name in the name of the previous owner?

The easiest way to see if the property is registered to you, you can make 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 Waterbeach conveyancing specialists.

As co-executor for the will of my uncle I am disposing of a residence in Swansea but live in Waterbeach. My solicitor (based 200 miles awayrequires that I execute a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Waterbeach who can attest this legal document for me?

strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Waterbeach

If all goes to plan we aim to complete the disposal of our £125,000 maisonette in Waterbeach next week. The landlords agents has quoted £324 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Waterbeach?

Waterbeach conveyancing on leasehold maisonettes normally involves the buyer’s lawyer submitting enquiries for the landlord to address. Although the landlord is not legally bound to address these enquiries the majority will be content to do so. They are at liberty to levy a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is over three hundred pounds, in some situations it is above £800. The management information fee required by the landlord must be accompanied by a summary of rights and obligations in respect of administration fees, otherwise the invoice is technically not due. In reality you have little option but to pay whatever is demanded if you want to complete the sale of your home.

I own a studio flat in Waterbeach, conveyancing having been completed February 1999. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Waterbeach with an extended lease are worth £181,000. The ground rent is £55 invoiced every year. The lease ends on 21st October 2073

With just 51 years remaining on your lease we estimate the price of your lease extension to span between £30,400 and £35,200 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

Last updated

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