My fiance’s step-father is a solicitor. I expect that I'll be able to get mate’s rates for conveyancing, However if that does not come through, what level of figure should I be expecting for conveyancing in Cambridgeshire?
It’s prudent to request multiple conveyancing estimates. Do use our search tool on this page. The charges do contrast greatly but service levels do are distinct between property lawyers as is true with the vast majority of professional services.
I am being advised by my lawyer that lack of right of way insurance is needed on my purchase. What is the level of cover for Cambridgeshire conveyancing?
The right level of lack of right of way indemnity insurance should be dictated by who who your lender is. It would differ for example between Lloyds TSB Bank and Norwich and Peterborough Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
My partner and I are spending time looking at flats in Cambridgeshire and I am about to put in an offer. Is it best to have my property lawyer on ‘stand by’? I intend to finance via a home loan with Coventry BS.
It would be prudent to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are taking out a mortgage with Coventry BS, ask your prospective lawyers if they are on the Coventry BS conveyancing panel otherwise they can't do the mortgage legal work.
I am currently in the process of buying my council flat in Cambridgeshire. I have a mortgage offer with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
Various web forums that I have visited warn that are the number one reason for delay in Cambridgeshire conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Cambridgeshire.
I am buying a new build house in Cambridgeshire with a loan from Aldermore. The builders refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not disclose to my conveyancer about the side-deal as it may impact my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What makes your site different to alternative online quote calculators for conveyancing in Cambridgeshire?
At this site secure a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Cambridgeshire. As opposed to estate agents and brokerage sites we do not have commission arrangements with solicitors. Some agents and online brokers 'recommend' solicitors paying the most kickback, as opposed to the best value conveyancing in Cambridgeshire
Being a leasehold owner I am liable for a maintenance contribution for my appartment in Cambridgeshire. Due to redundancy and personal issues I fell into arrears with remittance. The management company agreed a settlement plan but there remains a couple of left to be paid.
I am under pressure to sell and I am panicking this can threaten to derail the sale if I have to discharge the amount due now. Do I have to settle before - is this practicable?
Your lawyer will hopefully be able to negotiate with the appropriate parties, with a new to seeing if they would accept payment from completion monies. Here is indicative of why it is advisable to choose a lawyer in Cambridgeshire as they are likely to enjoy an established relationship with the parties.