I am getting a mortgage with Lloyds. My intention is to employ the services of a Licensed Conveyancer in Cambourne. Does the Lloyds Conveyancing panel exclude conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I have been told that property searches are the main cause of delay in Cambourne conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Cambourne.
Are there restrictive covenants that are commonly identified as part of conveyancing in Cambourne?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Cambourne. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Cambourne differ for new build properties?
Most buyers of new build or newly converted property in Cambourne approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Cambourne tend to acquire the site, 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 used to new build conveyancing in Cambourne or who has acted in the same development.
I am thinking of appointing a conveyancing solicitor in Cambourne for my purchase. Is it possible to see a firm’s record with the profession’s regulator?
You may find presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training reasons.
How do I search for a Cambourne conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 15kilometers to meet the lawyer.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Cambourne and you will see a number of lawyer located nearest Cambourne. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.