Do I need to pay for insurance to cover chancel repairs when buying a house in Cottenham?
Unless a previous acquisition of the premises took place after 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Cottenham to remain recommending a chancel search and or insurance against a claim.
How does conveyancing in Cottenham differ for new build properties?
Most buyers of new build premises in Cottenham come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is completed. This is because house builders in Cottenham typically purchase 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.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Cottenham I like with a park and railway links nearby, however it only has 51 years on the lease. I can't really find anything else in Cottenham in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
How do I search for a Cottenham solicitor on the Accord Mortgages Ltd conveyancing panel? I have a car and am prepared to travel upto 25kilometers to meet the solicitor.
You can use the tool on this page. Please choose the mortgage company and your location and you will see a number of Cottenham conveyancing lawyers located nearest you. We have listed some Cottenham conveyancing firms at the bottom of this page and you can ring them to see whether they are on the Accord Mortgages Ltd approved list
Should I go with a Cottenham conveyancing solicitor in close proximity to the house I am purchasing? We have a good friend who can handle the legal formalities however her office is approximately 350kilometers drive away.
The benefit of a local Cottenham conveyancing practice is that you can attend the office to execute documents, hand in your ID and apply pressure on them where appropriate. Having local Cottenham know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and in the main were content that should outweigh using an unfamiliar Cottenham conveyancing solicitor just because they are local.
What can I do where I am dissatisfied with the conveyancer who handled our conveyancing in Cottenham?
Occasionally the level of service you receive is not as you expect, and unfortunately sometimes things do go wrong. Nevertheless there is recourse where you were not happy with your conveyancing in Cottenham. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If you remain unhappy you may consider getting in touch with the Legal Ombudsman.