Ely conveyancing FAQs
What are the council tax bands in East Cambridgeshire?
Ely is situated in East Cambridgeshire. Council tax bands are:
|Band||East Cambridgeshire Council Tax (2018/19)|
Stamp duty calculator
Read more about stamp duty:
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, try our online conveyancing costs calculator.
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 0.75% (Feb 2019). A good Ely remortgage solicitor could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Our 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.