I was recommended to a lawyer who has sent a quote for £1400 for leasehold conveyancing in Cambourne. I’m looking to sell a Victorian property for £125,000. This appears over the top. Is it above what I should be paying for conveyancing in Cambourne?

The estimate does seem a tad overpriced. If you shop around you may be able to reduce the fees slightly by say a hundred pounds. That being said, you mightlive to regret choosing an an unknown solicitor. If is important to be sure that the conveyancer can also act for your bank. Do utilise our comparison tool to select a Cambourne conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Cambourne.

Forgive me if this question is silly but I am unexperienced as a 1st time buyer of a garden flat in Cambourne. Do I pick up the keys to the house on completion from my lawyer? If this is the case, I will instruct a High Street conveyancing solicitor in Cambourne?

There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be called to pick up the keys from the Estate Agents and start moving into the property. Usually this occurs early afternoon.

Is it correct that all Cambourne CQS (Conveyancing Quality Scheme) solicitors are on the Nationwide conveyancing list of approved solicitors?

It is true that some lenders now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.

is it true that all Cambourne solicitors on the Kent Reliance conveyancing panel are overseen by the SRA?

As a firm of solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be overseen by the SRA. The majority of lenders do permit licenced conveyancers on their panel and in such a situation the firms would be overseen by the Council of Licensed Conveyancers.

Will commercial conveyancing searches reveal planned roadworks that may impact a commercial site in Cambourne?

Many commercial conveyancing solicitors in Cambourne will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Cambourne. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Cambourne.

For every commercial conveyancing transaction in Cambourne it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Cambourne commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Cambourne.

I am buying a new build house in Cambourne with a mortgage from The Mortgage Works. The developers refused to reduce the price so I negotiated £7000 of additionals instead. The house builders rep advised me not inform my lawyer about the extras as it may affect my loan with The Mortgage Works. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Cambourne is the location of the property. Is there any guidance you can give?

Flying freeholds in Cambourne are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cambourne you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cambourne may ascertain 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 property.