I have given 2 months notice to my existing landlord and have to leave my rented flat in Little Venice by the end of next month. Conveyancing on my purchase has just started. Is it possible to complete in 4 weeks as I wish to avoid having to move into short term accommodation?
Generally one should not give notice for your tenancy until you have exchanged. Assuming that you have not previously done so, notify to your solicitor and urge them to they apply pressure on the owners side, try to get a realistic time scale from them that all parties will look towards
The Little Venice conveyancing lawyers that I recently instructed on my purchase in Little Venice have suddenly closed. I only went with them because I had to have a lawyer on the Skipton conveyancing panel and my preferred Little Venice lawyer was not. I wrote them a cheque for £250 in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors 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 will need to appoint new lawyers that are on the Skipton 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 lawyers should be in a position to help.
Should commercial conveyancing searches reveal proposed roadworks that may impact a commercial site in Little Venice?
Many commercial conveyancing solicitors in Little Venice will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Little Venice. The search result provides 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 Little Venice.
For each commercial conveyancing transaction in Little Venice it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Little Venice commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Little Venice.
How does conveyancing in Little Venice differ for newly converted properties?
Most buyers of new build property in Little Venice approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Little Venice tend to buy the land, 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 conveyancers 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 Little Venice or who has acted in the same development.
My brother-in-law has suggested I instruct a conveyancing solicitor in Little Venice. I need to find out if they are on the bank's approved list of lawyers. Can you or the bank confirm if they are on the panel?
You should phone your conveyancer and ask them if they are on the lender's approved list. If that does not help get in touch with us and we can make some checks for you. Should the firm not be on the conveyancing panel we can certainly arrange a specialist conveyancing solicitor in Little Venice on the approved list for your lender.