Do I need to attend the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Cambourne so that I can attend their offices if required.
As opposed to twenty years ago, most lenders no longer oblige their conveyancing panel lawyer to witness the mortgagors signature. You will still be obliged to supply identification documents and there are still distinct benefits to instructing a local ayer, in your situation a conveyancing solicitor in Cambourne.
I have been told that property searches are the number one reason for stalling in Cambourne conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Cambourne.
My wife and I own a semi-detached Georgian house in Cambourne. Conveyancing practitioner represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cambourne and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing lawyer who conducted the purchase.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Cambourne is where the house is located. Can you shed any light on this issue?
Flying freeholds in Cambourne are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cambourne you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cambourne may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am downsizing from my home. My past conveyancers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Cambourne if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Cambourne. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My wife and I purchased a leasehold flat in Cambourne. Conveyancing and Britannia mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Cambourne who acted for me is not around. Any advice?
First contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Cambourne conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Cambourne Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing
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Best to be warned if changing the roof or some other major work is coming up that will be shared by the leasehold owners and will materially increase the the service costs or necessitate a specific invoice. Who manages the block? It would be a good idea to enquire if there is anything that is prohibited in the lease. By way of example it is very common in Cambourne leases that pets are not permitted in certain buildings in Cambourne. If you like the propertyin Cambourne but your cat can’t live with you then you will be presented with a difficult determination.