Conveyancing in Ely
Conveyancing is the legal process used for transferring ownership of a property from one party to another, or the work involved in a remortgage or transfer of equity. If you're looking for a conveyancing solicitor in Ely, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped clients in Ely and throughout East Cambridgeshire with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Chatteris, Downham Market, Newark, Newmarket and Peterborough
Buying property in Ely
A city in Cambridgeshire, Ely is known for its stunning cathedral, Ely Museum, and the nearby Wicken Fen. Popular residential areas include Littleport and Soham. Ely has a railway station, providing links to Cambridge and Norwich. Ely has a population of approximately 20,000.
Council Tax in Ely (2023/24)
Ely is in East Cambridgeshire.
Band | Amount |
---|---|
A | £1,428.88 |
B | £1,667.02 |
C | £1,905.17 |
D | £2,143.32 |
E | £2,619.61 |
F | £3,095.91 |
G | £3,572.20 |
H | £4,286.64 |
What do Ely conveyancing solicitors do?
A property lawyer steers the buyer through the legal aspects of the transaction.
They will order property searches, raise questions for the seller's solicitor, review the contract of sale and ensure that post-purchase requirements, such as registering the property ownership with the Land Registry, are completed.
In addition to standard searches, Ely conveyancing solicitors may undertake checks for issues related to fenland, including potential subsidence and drainage concerns.
Are you taking out a mortgage?
If you are purchasing property with a mortgage, your solicitor will verify that the property is worth the loan that the bank arranging your mortgage will provide.
If your solicitor is not on your mortgage provider's panel, your purchase could take significantly longer to complete.
More than 100 lenders have approved our chosen panel lawyers. We can help you complete your Ely transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can help Ely buyers with conveyancing for:
When you purchase a flat or house in a conservation area, your solicitor will check for restrictions on how you can use the flat or house, including business use restrictions or parking issues. Conservation areas in Ely and the East Cambridgeshire local authority include Bottisham, Haddenham Hill Row, Wilburton and Soham.Conservation areas
There are about half a million listed buildings in England and Wales, 1,025 of which are in East Cambridgeshire. Listed buildings in and near to Ely include: There are many additional things to consider when buying a listed building. Examples of the obligations placed upon listed building owners include maintenance of historic features, and required consent for landscaping. Our specialist panel of property solicitors will advise you on the commitments a listed building owner must make. Read more:Buying a listed building
Buying a leasehold property
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.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling property in Ely
At the start of the property selling process in Ely, your conveyancer will prepare the necessary documentation, including title deeds and ID forms.
The solicitor will resolve any potential issues, respond to inquiries from the buyer's solicitor and redeem the existing mortgage. Your solicitor will work with both sides, like estate agents and banks or building societies, so your sale of your property completes without delay.
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.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing
The current Bank of England base rate is 4.5% (18 February, 2025)
You should always confirm your conveyancer's lender panel status before you instruct.
We work with solicitors who are on the panels of almost all banks and building societies. Whether you are switching to an equity release mortgage from Santander or taking out a buy to let mortgage from Aldermore Bank, our panel solicitors can guide you through the remortgage process.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in Ely
If you plan to change the ownership structure of a property, whether you are changing the legal ownership structure, estate planning or giving a property to a family member, you will need to transfer equity.
Your conveyancer will complete the legal work for a low, fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are conveyancing fees in Ely?
Conveyancing legal fees
Your conveyancing solicitor's quote should clearly detail the legal fees, including VAT, that you pay when the property transaction is complete. These fees are what your conveyancing solicitor charges you for the work they complete during your property transaction.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, including Stamp Duty Land Tax (SDLT), HM Land Registry fees and property searches.
Check the quote for hidden costs
Some solicitors' quotes include extra costs in the small print. This can lead to a higher final bill. When you compare conveyancing quotes, make sure you question any charges not set out in your initial quote.