We were about to retain a conveyancing solicitor in Cambridgeshire listed using your search tool but have come across alternative quotes on the internet seem less pricey – why is this?
One can find many firms of conveyancing companies advertising at first sight what seems to be cut price. We would encourage you to think twice as to how much you respect your own move to want to take 'cheap' risks in relation to the quality of the conveyancing. Some embed additional charges deep into the terms of engagement. The solicitors that we put forward for conveyancing in Cambridgeshire neverdo this.
Our son is purchasing a new build apartment in Cambridgeshire with a home loan from Co-operative. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Co-operative conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Co-operative conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We see that you have a search directory listing firms on the Clydesdale conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Cambridgeshire?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cambridgeshire.
I have been on the look out for a flat up to £305k and identified one close by in Cambridgeshire I like with a park and railway links in the vicinity, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Cambridgeshire for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage that many years may be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
Completion is due on the sale of our £350,000 maisonette in Cambridgeshire on Thursday in a week. The landlords agents has quoted £300 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Cambridgeshire?
Cambridgeshire conveyancing on leasehold apartments normally necessitates the buyer’s solicitor sending questions for the landlord to answer. Although the landlord is under no legal obligation to address such questions the majority will be content to do so. They are at liberty to levy a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The administration charge invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration fees, otherwise the charge is not strictly payable. Reality however dictates that you have little choice but to pay whatever is demanded should you wish to complete the sale of your home.
I bought a ground floor flat in Cambridgeshire, conveyancing having been completed October 2001. Can you work out an approximate cost of a lease extension? Similar properties in Cambridgeshire with over 90 years remaining are worth £195,000. The ground rent is £45 charged once a year. The lease ends on 21st October 2086
With just 63 years left to run we estimate the premium for your lease extension to span between £16,200 and £18,600 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.
Finally our conveyancing in Cambridgeshire completes on Friday, but the owners I am buying from wants to move out 24 hours later at at 2pm. Should I agree to this?
It is not possible to complete on a Saturday because the bank systems are not operating.