As I am unsure how the conveyancing bit works what is the most important advice you can impart concerning purchase conveyancing in Cambridge?
Not many law firms shout this from the rooftops but conveyancing in Cambridge and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there is plenty of opportunity for friction between you and other parties involved in the legal transfer of property. For example, the vendor, property agent and on occasion your mortgage company. Appointing a law firm for your conveyancing in Cambridge an important selection as your conveyancer is your adviser, and is the ONLY party in the process whose role it is to protect your legal interests and to protect you.
We are witnessing a worrying emergence of a "blame" culture- someone must be blamed for the process being so protracted. We recommend that you should always trust your solicitor ahead of the other parties in the conveyancing process.
There is lots of information on this site about conveyancing in Cambridge but can you isolate your top tip for finding the right conveyancer in Cambridge
We would encourage you not to go for the lowest Cambridge conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
The formalities of my purchase has taken place for my property in Cambridge. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I recently had an offer agreed on a house in Cambridge. My mortgage broker suggested a conveyancer. I paid an on account payment of £200. Soon after, the solicitor contacted me to say that they were not on the Virgin Money 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 Virgin Money 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.
four months have elapsed following my purchase conveyancing in Cambridge completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 asset 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.
How does conveyancing in Cambridge differ for new build properties?
Most buyers of new build residence in Cambridge come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Cambridge usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Cambridge or who has acted in the same development.
Is it possible to swap conveyancer as I need to retain one who is on the Godiva Mortgages Ltd conveyancing list. I was using a local conveyancing solicitor in Cambridge five minutes from me but he is not accepted by Godiva Mortgages Ltd
It would be our pleasure to assist you select a conveyancing solicitor in Cambridge on the Godiva Mortgages Ltd panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Cambridge. Using the find a conveyancing solicitor tool on this website, you can contrast costs for conveyancing solicitors in Cambridge and beyond.
My conveyancing in Cambridge is set to complete this Friday, yet the person I am buying off wants to vacate the next day at noon. Can I agree to this?
You can't complete on a Saturday because the bank systems aren't operating.