IfI was to buy a simple residential homein Ely for cash and dispense with a survey and no local authority searches how much would I expect to have to pay for conveyancing in Ely?
The sole reduction in fees you would make on is the Ely conveyancing searches. Your property lawyer is required to do the vast majority of work - money laundering, liaising with the vendors lawyer, SDLT return, register the property etc. You might save a bit for them not needing to register a mortgage but it won't be a lot.
Our bank has recommended a law firm on their panel based in Ely but I would rather choose a conveyancing lawyer in Ely round the corner to me. Can you help?
Far from all Ely conveyancing practitioners are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to locate a Ely conveyancing conveyancer on the on the bank panel.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Ely is where the house is located. What do you suggest?
Flying freeholds in Ely are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ely you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ely may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What does commercial conveyancing in Ely cover?
Ely conveyancing for business premises incorporates a broad range of guidance, provided by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I am 17 days into a leasehold purchase having been referred to a firm by the local agent to perform conveyancing in Ely. I am not happy. Could you you assist me in finding new lawyers?
A lawyer would have to be really bad to suggest replacing them. Has your mortgage been sent? In the event that it has you must make them aware of the new lawyer and ensure the loan are re-issued. Your new solicitor ideally should be on the lenders approved list to avoid escalating expenses and frustration. That should be your starting point. The find a solicitor tool can help you find a lender approved solicitor for your conveyancing in Ely
My wife and I purchased a leasehold flat in Ely. Conveyancing and Godiva Mortgages Ltd mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1995. The conveyancing solicitor in Ely who acted for me is not around. Any advice?
The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Ely conveyancing solicitor to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Ely Conveyancing for Leasehold Flats - Sample of Queries before buying
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How much is the service charge and ground rent on the property? Who takes charge for maintaining and repairing the building? Is there a share of the freehold?