My home in Cambridgeshire is up for sale and I have a buyer. Does the conveyancing practitioner need to be on the UBS conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the UBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
There are numerous conveyancing solicitors in Cambridgeshire but how do I know who I should use?
It would be unwise to be tempted by the lowest Cambridgeshire conveyancing quote. You really do get what you pay 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 time.
Forgive me if this question is silly but I am unseasoned as a first time buyer of a two bedroom flat in Cambridgeshire. Do I receive the keys to the property on the completion date from my conveyancer? If so, I will find a High Street conveyancing solicitor in Cambridgeshire?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the owner’s conveyancers, and once they have received this, you should be called to pick up the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
My aunt pointed out to me me that in purchasing a property in Cambridgeshire there may be a number of restrictions prohibiting external changes to the property. Is this right?
There are anumerous of properties in Cambridgeshire which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Cambridgeshire should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Will commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in Cambridgeshire?
Its becoming the norm that commercial conveyancing solicitors in Cambridgeshire will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Cambridgeshire. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Cambridgeshire.
For each commercial conveyancing transaction in Cambridgeshire it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Cambridgeshire commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in Cambridgeshire.
How does conveyancing in Cambridgeshire differ for new build properties?
Most buyers of new build property in Cambridgeshire approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because builders in Cambridgeshire tend to buy 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 accustomed to new build conveyancing in Cambridgeshire or who has acted in the same development.
How straightforward is it to use your search tool to select a conveyancing practitioner in Cambridgeshire on the authorised to act for my lender?
Step one is to select a bank such as Nationwide Building Society, Norwich and Peterborough Building Society or TSB then type in your preferred area such as Cambridgeshire. Conveyancing practices in Cambridgeshire and further afield should be listed.
I need to instruct a conveyancing lawyer in Cambridgeshire for my remortgage. Can I see a firm’s record with the profession’s regulator?
Anyone may search for documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records Pre 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA sometimes recorded call for training reasons.