I have given 2 months notice to my current landlord and have to vacate my let out flat in Llandovery by the end of next month. Conveyancing on my purchase has just started. Is it possible to complete in a couple of weeks as don't want to have to find short term accommodation?
The normal practice is not to provide notice for your lease until you have exchanged. If you have not already done so, contact to your lawyer and urge them to they seek the assistance the owners side, try to an agreed time frame that everyone will aim towards
We are purchasing a apartment in Llandovery. I might seem paranoid but how we can trust a conveyancer? At some point we will need to put money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Will my conveyancer be raising enquiries about flooding as part of the conveyancing in Llandovery.
Flooding is a growing risk for solicitors dealing with homes in Llandovery. Some people will buy a property in Llandovery, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the property. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not qualified to offer advice on flood risk, however there are a various searches that can be undertaken by the buyer or on a buyer’s behalf which can figure out the risks in Llandovery. The conventional set of completed inquiry forms sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the owner to find out if the property has historically flooded. If the residence has been flooded in past and is not notified by the owner, then a purchaser could issue a legal claim for losses resulting from an inaccurate reply. A buyer’s lawyers should also order an environmental report. This should disclose if there is any known flood risk. If so, further investigations should be made.