We are a couple about to sign contracts for a garden flat in Hornsey. We have hit a stumbling block. Our loan offer with The Mortgage Works expires on 12/10/2026 but the sellers are putting forward a completion date of 14/10/2026. Is it possible to extend the mortgage offer?
The person best placed to address this question is your solicitors who will hopefully assess whether he or she is corresponding with the bank, owner’s solicitors, estate agents or indeed all three based on the history of your conveyancing to date.
Having sold my house in Hornsey last June yet the purchaser is SMS messaging daily to moan that their solicitor is waiting to hear from mylawyer. What are the post completion sale legalities now that I have sold?
Following your house sale your lawyer is committed to forward the transfer deeds and all additional paperwork to the purchaser's lawyers. If applicable, your lawyer must also send confirmation that the mortgage has been repaid to the buyers solicitors. There are no post completion formalities specific conveyancing in Hornsey.
I decided to have a survey carried out on a property in Hornsey before appointing lawyers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some banks tend refuse to give a loan on such a property.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hornsey. Conveyancing may be slightly more expensive based on your lender's requirements.
I am 17 days into a residential purchase having been directed to solicitors by the estate agent to carry out the conveyancing in Hornsey. I am not happy. Can you you assist me in finding new solicitors?
A lawyer would have to be really bad to suggest changing them. Has your loan offer been issued? In the event that it has you need to inform them of the new contact details and get the mortgage documents are re-sent. The conveyancer should be on the lenders approved list to avoid escalating expenses and complications. So that should be your first question of the new solicitors. The find a solicitor tool will assist you in finding a bank approved conveyancer for your home move in Hornsey
Helen (my wife) and I may need to rent out our Hornsey basement flat for a while due to a new job. We used a Hornsey conveyancing firm in 2003 but they have since shut and we did not have the foresight to seek any advice as to whether the lease permits subletting. How do we find out?
A lease governs the relationship between the landlord and you the leaseholder; in particular, it will set out if subletting is not allowed, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Hornsey do not contain strict prohibition on subletting – such a provision would adversely affect the market value the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
Notwithstanding our best efforts, we have been unsuccessful in negotiating a lease extension in Hornsey. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the amount due.
An example of a Freehold Enfranchisement case for a Hornsey premises is 7 Aubrey Road in December 2010. By an order of the county court on 15/12/2009 the freehold interest inthe Property known as 7 Aubrey Road London N8 9HH (the Property) and registered at HM Land Registry under title number MX439124 was vested in the applicants. The Tribunal calculated that the total enfranchisement premium, assessed in accordance with Schedule 6 to the Act, was £54,633. This case affected 3 flats. The unexpired lease term was 73.27 years.
I am an executor of my recently deceased mother’s Will, with a property in Hornsey which is to be sold. The bungalow is unregistered at HMLR and I'm told that some buyers solicitors will insist that it is completed before they'll proceed. What's the procedure for this?
In the circumstances that you have set out it seems sensible to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.