Find a Lender-Approved Local Conveyancer in Hornsey

We chose a local firm for our conveyancing in Hornsey today. Reviewing the terms of engagement I noteI am liable for charges even if our purchase doesn't happen. Should I ditch them and appoint an on-line solicitor practice promising no completion no charge conveyancing in Hornsey?

It is usually a trade off in that if "No Completion No Fee" is offered then the fee levels will generally be higher to offset the conveyances that do not proceed. You should be mindful that such schemes generally do not protect you from expenses such your Hornsey conveyancing search charges.

We see that you have a post code search directory listing firms on the Coventry BS conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Hornsey?

We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hornsey.

Two weeks ago we had a mortgage agreed in principle with HSBC. Hornsey conveyancing practitioners have been chosen. How long does it take for HSBC to send the offer to the conveyancing practitioner?

There is no definitive answer here. Have HSBC conducted the survey? Have you advised HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

Completion of my remortgage has taken place for my property in Hornsey. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?

All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.

I recently had an offer agreed on a house in Hornsey. My financial adviser recommended their conveyancers. I paid an advanced payment of £200. Soon after, the property lawyer contacted me to say that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I have been on the look out for a leasehold apartment up to £235,500 and found one near me in Hornsey I like with open areas and transport links nearby, however it only has 51 years unexpired on the lease. I can't really find anything else in Hornsey in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

If you need a mortgage the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.

I own a second floor flat in Hornsey. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

in cases where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to make a decision on the price.

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 was in relation to 3 flats. The unexpired term as at the valuation date was 73.27 years.

When it comes to leasehold conveyancing in Hornsey what are the most common lease defects?

There is nothing unique about leasehold conveyancing in Hornsey. All leases are drafted differently and drafting errors can result in certain sections are wrong. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party.

A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Skipton Building Society, and Aldermore all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, forcing the purchaser to withdraw.

We yesterday discovered that one of the partners of the solicitors handling the purchase conveyancing in Hornsey is an uncle of the owners that we are buying from. Is this acceptable?

As long as there is no conflict of interest this is permitted. If you are needing a mortgage then the lender may have a say as many banks have specific requirements on this. For example for Yorkshire Building Society as of 15/12/2025, the requirements read as follows :