I am planning to acquire a property and require a conveyancing solicitor in Cambourne who is on the Clydesdale conveyancing. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Cambourne. We dont recommend any particular firm.
I had a mortgage agreed in principle with Nationwide. Cambourne conveyancing practitioners were appointed. How long does it take for Nationwide to forward the offer to the property lawyer?
There is no definitive answer here. Have Nationwide conducted the valuation? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I currently have a mortgage with Barclays for my property in Cambourne. Conveyancing was finalised some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Barclays?
Your original mortgage agreement with Barclays will provide that you need their approval before letting out your property as this is likely to be a breach of Barclays’s mortgage conditions. It may be that Barclays will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel solicitor.
After weeks of negotiation I have agreed a price on an apartment in Cambourne. My mortgage broker pressured me to appoint their lawyer. I paid an upfront payment of £150. Shortly after, the solicitor called me embarrassingly acknowledging that they were not on the Bank of Ireland conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Bank of Ireland panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Will my lawyer be raising questions about flooding during the conveyancing in Cambourne.
Flooding is a growing risk for lawyers dealing with homes in Cambourne. There are those who buy a property in Cambourne, completely aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Solicitors are not qualified to impart advice on flood risk, but there are a various checks that can be carried out by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Cambourne. The standard completed inquiry forms sent to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a standard inquiry of the vendor to determine whether the property has ever been flooded. If the property has been flooded in past which is not revealed by the owner, then a purchaser could issue a claim for damages as a result of such an misleading answer. A buyer’s solicitors will also carry out an environmental search. This will higlight if there is any known flood risk. If so, further inquiries should be initiated.
4 months have elapsed following my purchase conveyancing in Cambourne took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What does commercial conveyancing in Cambourne cover?
Non domestic conveyancing in Cambourne covers a broad array of services, offered by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My husband and I are a couple of weeks into a residential purchase having been directed to conveyancers by the estate agent to do our conveyancing in Cambourne. I am not happy. Can you help me find new solicitors?
They would have to be very poor in order to consider diss instructing them. Has your mortgage offer been issued? If so you must advise them of the new lawyer and ensure the offer are issued to the new lawyers. The conveyancer needs to be on the lenders approved list to avoid escalating costs and complications. That should be your first question of the new conveyancers. Our search tool will help you find a lender approved conveyancer for your conveyancing in Cambourne