Can your site be used to find a Conveyancing solicitor in Cottenham even where I’m not purchasing or selling a house, for instance where I want to buy a shop in Cottenham with a loan from Chelsea Building Society?
Our comparison service is predominantly there to get a quote from residential conveyancing solicitors in Cottenham but we have set out at the end of this page a few Cottenham commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they can also act for Chelsea Building Society
The Cottenham conveyancing firm that just started acting on my house acquisition in Cottenham have suddenly shut down. I chose them because I needed a lawyer on the Co-operative conveyancing panel and my previous Cottenham lawyer was not. I cut them a cheque for two hundred pounds in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Co-operative conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist.
When it comes to mortgage companies such as Nottingham, do Cottenham lawyers face a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
Can you point me to a directory of Nottingham panel solicitors in Cottenham on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings open the public over the internet. Where you are looking for a Cottenham property lawyer on the Nottingham please use our facility.
I currently have a mortgage with RBS for my property in Cottenham. Conveyancing has been completed 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform RBS?
RBS must be informed of your intention before letting out your property as this is likely to be a breach of RBS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact RBS directly. It should not be necessary to do this via a RBS conveyancing panel lawyer.
Me and my brother have a semi-detached Georgian property in Cottenham. Conveyancing solicitor acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You should review 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 Cottenham and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who carried out the work.
How does conveyancing in Cottenham differ for new build properties?
Most buyers of new build premises in Cottenham approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Cottenham typically acquire the real estate, 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 property lawyers 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 Cottenham or who has acted in the same development.
My father-in-law has recommend that I appoint his lawyers for conveyancing in Cottenham. Should I choose my own property lawyer?
There are no two ways about it the best way to find a conveyancing solicitor is to get guidance from friends or relatives who have actually previously instructed the firm that you are considering.