Last month we had a mortgage agreed in principle with UBS. Cambridge conveyancing lawyers are chosen. How long does it take for UBS to forward the offer to the lawyer?
There is no definitive answer here. Have UBS completed the valuation? Have you informed UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Planning on purchasing a house in Cambridge. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Cambridge conveyancer is on the Principality conveyancing panel.
I had an offer accepted on an apartment in Cambridge on 19/9/2024, valuation was booked 3 days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Barclays and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Barclays conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
Do commercial conveyancing searches reveal planned roadworks that could impact a commercial estate in Cambridge?
Many commercial conveyancing solicitors in Cambridge will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Cambridge. The report sets out definitive data 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 Cambridge.
For every commercial conveyancing transaction in Cambridge it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Cambridge commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Cambridge.
I am buying my first flat in Cambridge with the aid of help to buy. The sellers refused to move on the amount so I negotiated 6k of extras instead. The sale representative suggested that I not disclose to my lawyer about this extras as it will put at risk my mortgage with HSBC Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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 am selling my property. My past conveyancers closed down. I am in need of a recommendation of a conveyancing firm. Im based in Cambridge if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Cambridge. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am using a search engine for the term conveyancing in Cambridge it reveals numerous property lawyerslocally. How do I determine which is the suitable solicitor for my move?
The preferential way of seeking a suitable conveyancer is via personal recommendation, so ask friends and those you trust who have purchased a property in Cambridge or the reputable estate agent or financial adviser. Fees for conveyancing in Cambridge vary, so it's sensible to secure at least three fee calculations from different property lawyers. Make sure that you clarify that the fees are fixed.