Having invested time reading online forums for an online lawyer in Ely, most say that I must use a CQS assured lawyer. What is CQS?
Ely Conveyancing Quality Scheme practices have been granted certification under the Law Society's Scheme (CQS) CQS was established to establish evidence of quality standards in the in the legal transfer of properties. CQS enables home movers to recognise solicitor firms who provide a quality residential conveyancing. Ely is one of locations in England and Wales in which accredited firms have a presence. The conveyancing scheme obliges practices to undergo a strict assessment, compulsory training, self-certification, spot checks and yearly assessments in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Association of British Insurers.
I require expedited conveyancing in Ely as I am under an ultimatum to sign on the dotted line within 4 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a cash buyer you are at free not to have searches conducted although no lawyer would advise that you don't. Drawing on years of experience of conveyancing in Ely the following are instances of what can crop up and therefore impact future mortgageability: Enforcement Actions, Overdue Charges, Overdue Grants, Unadopted Roads,...
I bought my apartment on 7 August and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Ely advises it will be formalised inside ten days. Are transfers in Ely particularly slow to register?
As far as conveyancing in Ely is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can vary subject to the party submitting the application, whether it is in order and if the Land registry communicate with any interested parties. As of today approximately three quarters of such applications are fully dealt with within 12 days but occasionally there can be extensive hold-ups. Historically registration is effected after the new owner has moved in to the property thus 'speed' is not usually primary concern yet if there is a degree of urgency associated with the registration then you or your solicitor could contact the land registry and explain the circumstances.
How does conveyancing in Ely differ for newly converted properties?
Most buyers of new build premises in Ely come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Ely typically 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 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 used to new build conveyancing in Ely or who has acted in the same development.
I note that you have a search directory listing firms on the mortgage company conveyancing panel. Do Ely conveyancing firms pay you a commission if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Ely.