We were about to choose a conveyancing solicitor in Comberton recommended using your search tool but have come across some other costs illustrations on the internet seem cheaper – how come?

There are hundreds of solicitors offering what appear to be very low prices. You should give due consideration about how much you respect your own move to you are willing to be penny wise pound foolish over the standard of the legal work. Many of them highlight a budget fee to entice you but conceal extra fees in the fine print..

Is it realistic for conveyancing in Comberton to be finalised in 3 weeks?

First, If the seller is applying a tight deadline to sign contracts we would recommend that your solicitor is familiar with the area as they will make use of local relationships and knowledge. It is even conceivable that they would have conducted otherhouses in the same neighbourhood. Therefore consider using a Comberton conveyancing lawyer. Second, be sure that the lawyer is on the on the approved list for your mortgage company. It is estimated that just under twenty per cent of Comberton conveyancing transactions are suspended or derailed after finding out that a purchaser’s conveyancer was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the transaction being held up by as much as three weeks. It is estimated that this issue impacts in the region of 100,000 home sales annually. Almost all Comberton conveyancing firms can not represent certain lenders so do check as early as possible.

We're in Comberton, First time buyers buying with a mortgage (lender is Coventry BS , and our solicitor is on the Coventry BS conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

Having had my offer accepted I require leasehold conveyancing in Comberton. Before I get started I require certainty as to the number of years remaining on the lease.

Assuming the lease is registered - and most are in Comberton - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Comberton - Examples of Queries Prior to buying

It would be prudent to discover as much as possible concerning the company managing the building as they can either make living at the property much easier or uncomfortable. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to daily matters like the cleanliness of the communal areas. Ask other tenants if they are happy with their management. On a final note, investigate as to the dates that the maintenance charges are due to the relevant party and specifically how they are spending the funds. The answer will be important as a) areas could cause problems in the block as the common areas may start to deteriorate where repairs are not paid for b) if the leasehold owners have an issue with the running of the building you will need to have all the details Does the lease include onerous restrictions?

I am in the process of buying my first house in Comberton. Conveyancing lawyer has been appointed. The broker pointed out that a survey is not needed as the house was only constructed 16 yrs ago.

You would be best advised to take a Home Buyer's Report. Given the property was built over a decade ago the property will not benefit from a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may be sufficient. The report should highlight any apparent issues and recommend further investigation where relevant. Where there are any indications of problems obtain a comprehensive Building Survey from the beginning.