What is the first thing I need to know about purchase conveyancing in Soham?
Not many law firms shout this from the rooftops but conveyancing in Soham and elsewhere in Cambridgeshire is often a confrontational process. Put another way, when it comes to conveyancing there exists lots of opportunity for conflict between you and others involved in the transaction. E.g., the vendor, estate agent and sometimes the mortgage company. Appointing a solicitor for your conveyancing in Soham is a critical decision as your conveyancer is your adviser, and is the ONLY party in the legal process whose responsibility is to act in your legal interests and to protect you.
On occasion a third party with a vested interest will attempt to persuade you that you should follow their advice. As an example, the estate agent may claim to be helping by suggesting your conveyancer is wrong. Or your mortgage broker may advise you to do take action that is contrary to your solicitors recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
How do I investigate if the solicitor conducting my conveyancing in Soham is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Chelsea Building Society thus spending £175.00 in further legal costs.
You should take advantage of the search tool on this site. Please choose the mortgage company and type ‘Soham’ or your preferred area and you will be presented with numerous conveyancers offices in Soham or nearest you.
We are buying a apartment in Soham. It might be a silly question but how we can trust a lawyer? At some point we have to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to mortgage companies such as Bank of Ireland, do Soham lawyers incur a fee to be on the list of approved solicitors?
We are unaware of any mortgage company fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Is there a list of Aldermore panel solicitors in Soham on the Building Society Association’s Website?
No. There is no such facility on the CML or Building Society Association websites. A small selection of lending institutions make their panel listings open the public on the web. Where you are looking for a Soham conveyancing practitioner on the Aldermore please use our tool.
Me and my brother own a terraced Victorian house in Soham. Conveyancing practitioner represented me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Soham and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing practitioner who conducted the purchase.
I opted to have a survey done on a property in Soham before appointing solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies tend refuse to grant a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions from Nationwide. If you e-mail us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Soham. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Soham. I happened to stumble across a web site which appears to be the perfect answer If it is possible to get all this stuff completed via email that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?