Ely conveyancing FAQs
What are the Council Tax bands in East Cambridgeshire in 2021?
Ely is situated in East Cambridgeshire. Council tax bands are:
|Band||East Cambridgeshire Council Tax (2021/22)|
How much are conveyancing fees for buying or selling a home in Ely?
Conveyancing fees can be broken down into the solicitor's legal and disbursements.
Disbursements are the extra third-party costs incurred on behalf of a buyer or seller, e.g. HMLR registration fees or Official Entries. Legal fees are for the work your solicitor carries out for you.
Your solicitor's legal fees for buying or selling a house in Ely are fixed, so for a standard conveyancing transaction, what you pay is exactly what you see in your quote.
Calculate the conveyancing fees for your Ely sale or purchase
Our online conveyancing fees calculator gives an instant conveyancing quote with a comprehensive list of all fees, costs and disbursements for your Ely sale or purchase.
I'm purchasing a house in Ely - which searches will I need?
The standard search pack will include:
- Official or Regulated Local Authority Search
- Environmental Search
- Regulated Drainage and Water Search
- Chancel liability insurance (if required)
Occasionally the initial search results will recommend additional searches such as a specialist environmental search.
To check the total cost of searches on a Ely move, get a conveyancing quote.
I am buying a leasehold property in Ely - what do I need to know?
Purchasing a leasehold house or flat can be complicated. The numerous common problems lying in wait for an uninformed purchaser can include legally technical issues like overpriced managing agent packs and freeholds sold without first refusal to leaseholders.
A leasehold solicitor will look into all potential issues with the lease and report back to you.
Does a leasehold property take longer to sell?
Compared to freehold property, yes. The legal work for selling a leasehold property can take much longer.
The solicitor acting for the buyer must review several leasehold-related documents. These could include details of any breaches by other leaseholders and a copy of the freehold property's buildings insurance. The time needed by the solicitor to gather this paperwork is commonly the source of delays.
Your lawyer ought to start this process at the earliest opportunity, as the managing agent's information can take weeks to collect if it is difficult to contact the managing agent or landlord.
I am remortgaging a property in Ely - do I need a solicitor?
The base rate is now at 0.1% (Jan 2021). A good Ely remortgage solicitor could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Conveyancers are members of most UK mortgage lenders, so whether you are you are moving to a tracker with Britannia or to a joint mortgage with the Yorkshire Building Society, we can help.
How do I transfer equity in my Ely home?
If you jointly own property with one or more other people and you wish to transfer ownership of your share in the property to someone else, you will need a solicitor to carry out a 'Transfer of Equity'. Your conveyancing solicitor will take care of all the legal work required for a transfer of equity for a low fixed fee (including remortgage work if required).
Your next step
If you are buying, selling, remortgaging or transferring equity in a property in Ely, we can help you find an expert conveyancing solicitor.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- Ely experts
- CQS-accredited panel solicitors
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Puzzled by the
Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:See more FAQs