Is the fact that my conveyancer in Hornsey Rise is not identified on my bank's conveyancing panel that there is a problem with the quality of her conveyancing?
That would most likely be an incorrect assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Hornsey Rise conveyancing firm and enquire why they are no longer on the approved list for your bank.
We see that you have a search directory listing firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Hornsey Rise?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hornsey Rise.
I used Arc property Solicitors several years past for my conveyancing in Hornsey Rise. I now require my papers but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hornsey Rise of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build apartment in Hornsey Rise. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Hornsey Rise
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I opted to have a survey completed on a house in Hornsey Rise before instructing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some banks will not issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hornsey Rise. Conveyancing may be slightly more expensive based on your lender's requirements.
I bought a flat in Hornsey Rise last 22/3/2024 and to date it is still not registered with the Land Registry. It is part of a development site and my lawyer told me that it may take over a year to complete the registration formalities. I have contacted the Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. Do I need to be concerned?
It is your conveyancing practitioner that you really need to get in touch with in order to satisfy any issues which have arisen as part of the registration formalities for your Hornsey Rise property. Normal Hornsey Rise conveyancing practice includes an undertaking on the part of the previous owner’s conveyancer that they will assist in resolving any question raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.