We are a couple about to exchange contracts for a semi detached house in Cambridge. We encountered a problem. Our mortgage offer with Skipton Building Society expires on 14/3/2022 but the sellers are suggesting a completion date of 16/3/2022. Is it possible to prolong the loan expiry date?
The person best placed to deal with your issue is your solicitors who will determine whether he or she is should be discussing with the bank, seller’s solicitors, property agents or conceivably all three given the history of your house move to date.
There are numerous conveyancing solicitors in Cambridge but how do I know who's good?
It would be unwise to be tempted by the lowest Cambridge conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. 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 know exactly what you’ll have to pay in ahead of the deal.
My wife and I are at the point of viewing apartments in Cambridge and I am about to put in an offer. Is it advisable to have a solicitor on ‘stand by’? I intend to finance via a home loan with Aldermore.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are seeking a mortgage with Aldermore, ask your prospective lawyers if they are on the Aldermore conveyancing panel otherwise they can't do the mortgage legal work.
After much negotiation I have agreed a price on an apartment in Cambridge. My mortgage broker suggested a conveyancer. I paid an upfront payment of £200. Shortly after, the conveyancing practitioner called me to say that they were not on the Kent Reliance 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 Kent Reliance 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.
My wife and I own a semi-detached Victorian house in Cambridge. Conveyancing lawyer acted for me and Accord Mortgages Ltd. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cambridge 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 mortgage companies. You can also enquire as to the position with your conveyancing practitioner who conducted the work.
I have been pointed in your direction by a few selling agents in Cambridge to get a quote from a property lawyer using your seach tool. What’s the financial upside for Estate Agents to offer your site over a competitor’s?
We don’t give any commission for directing people in our direction. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My uncle has recommend that I use his lawyers for conveyancing in Cambridge. Should I choose my own conveyancer?
Much as we are happy to recommend a Cambridge conveyancing lawyer the best way to choose a conveyancing practitioner is to have guidance from friends or family who have actually used the firm you're are thinking of instructing.
Do online conveyancing companies do everything a high street Cambridge solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Cambridge?
If you use an online conveyancer they should cover all the tasks your Cambridge solicitor will cover.