I have given 8 weeks notice to my current landlord and must be out of my let out apartment in Soho by 9/12/2021. Conveyancing on my purchase has just started. Can I complete in a couple of weeks as I wish to avoid having to move into temporary accommodation?
The normal practice is not to provide notice on a rental unless exchange of contracts has taken place. Assuming that you have not previously done so, notify to your lawyer and request that they seek the assistance the owners lawyers, try to get a realistic time scale from them that all parties will work towards
Do I have to visit the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Soho so that I can attend their offices when needed.
As opposed to ten years ago, most mortgage companies no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to hand over identification documents and there are still manifest advantages to instructing a locally based practitioner, in your case a conveyancing solicitor in Soho.
I have recentlybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Soho for a purchase of a freehold house 9 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The quickest way to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Soho conveyancing specialists.
I am looking for a flat up to £195,000 and identified one round the corner in Soho I like with open areas and station nearby, the downside is that it's only got 51 years unexpired on the lease. There is not much else in Soho suitable, so just wondered if I would be making a mistake buying a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.
I'm converting the mortgage on my primary property to a BTL mortgage with Barclays and intend to use the remaining equity as a deposit on further property. The neighborhood we are talking about is Soho. Will your conveyancers be able to act for the two lenders and tie in the transactions?
Make use of our comparison tool on this site to check that the solicitors are approved by both lenders. Having checked that they are the conveyancer will be able to tie up the two conveyancing matters but you should talk with you solicitor and make apparent your desired outcome and requirements.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.