The Highams Park conveyancing solicitors that I appointed last week on my house acquisition in Highams Park have without warning closed. I chose them because I had to have a solicitor on the Virgin Money conveyancing panel and my previous Highams Park lawyer was not. I wrote them a cheque for £250 in advance. What should be my next steps?
If you have an estate agent involved then inform them immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Virgin Money conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
I acquired my flat on 12 August and the transaction details is not yet registered. Any reason for this? My conveyancing solicitor in Highams Park said it will be recorded in less than a month. Are transfers in Highams Park uniquely lengthy to register?
As far as conveyancing in Highams Park registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can differ according to who lodges the application, whether it is in order and whether the Land registry need to notify any 3rd persons or bodies. At present in the region of three quarters of submission are completed within two weeks but some can be subject to extensive hold-ups. Historically registration takes place once the new owner is living at the property therefore 'speed' is not always primary concern yet if there is a degree of urgency associated with the registration then you or your solicitor can contact the land registry and explain the circumstances.
How does conveyancing in Highams Park differ for newly converted properties?
Most buyers of new build property in Highams Park come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because developers in Highams Park typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Highams Park or who has acted in the same development.
My company is hoping to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering no-sale-no fees for commercial conveyancing in Highams Park for below £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in Highams Park, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right lawyer. As for the charges these will vary based on the structure and terms of the deal. Please provide us with your contact information or telephone us so that we may supply you with a fixed commercial conveyancing calculation.
I am are looking to find a quality conveyancing solicitor in Highams Park to assist me in selling my flat. I I am fearful of appointing the wrong one and there are plenty Highams Park conveyancing practices to choose from...how do I know which one is best to select?
Where you have not used a property lawyer before, a personal recommendation from relatives or friends is a great place to start and is often a good barometer of quality. Alternatively, view the Law Society’s online list of solicitors in Highams Park or use our search facility to select a conveyancing lawyer in Highams Park.