We note that you have a post code search directory listing law firms on the conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Soham?
We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Soham.
My wife and I are purchasing a apartment in Soham. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm the only recipient of my late grandmother’s will with all property in now in my sole name, including the my former home in Soham. Conveyancing formalities meant that the Land Registry date was in . I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', meaning my property ownership may be regarded the same way as though I had purchased the property in . Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How practical a view lenders take of it, depend on the bank as this requirement is principally there to identify the purchase and immediately sell or the flipping of properties.
Is it the case that all Soham CQS (Conveyancing Quality Scheme) solicitors are on the conveyancing panel?
It is true that some banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Soham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Soham
-
Forfeiture - bankruptcy or liquidation must not apply under this provision.
There must be mutual enforceability of lessee’s covenants.
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I am a sole trader looking to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no fees for non-domestic conveyancing in Soham for below £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Soham, including the disposal and acquisition of businesses as well as simply property. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. Regarding the costs this will depend on the structure and heads of terms of the deal. Please provide us with your details or phone us so that we can supply you with a detailed commercial conveyancing calculation.
I happen to be an executor of my recently deceased parent's Will, with a house in Soham which will be sold. The property is unregistered at the Land Registry and I'm advised that many estate agents will insist that it is in place before they will move forward. What's the mechanism for this?
In the situation you refer to it seems sensible to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.